SoftBank’s Vision Fund Is Said to Consider Cutting 10% of Staff

SoftBank’s Vision Fund Is Said to Consider Cutting 10% of Staff

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the challenges faced by SoftBank's Vision Fund, including significant financial losses and staffing cuts, particularly in London. It outlines SoftBank's strategy to sell assets, such as Alibaba and T-Mobile shares, to buy back stock and reduce debt. The future of SoftBank is explored, highlighting the need to manage its portfolio of startups, including WeWork, and adapt to post-COVID-19 market conditions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the Vision Fund's record loss of $18 billion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the coronavirus had on the companies within the Vision Fund's portfolio?

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