SoftBank Vision Fund loses whopping USD 32 Billion as tech startup valuations continue to dip
Image Credit: tech crunch
Japanese investment giant SoftBank has posted a record $32 billion loss at its Vision Fund for the fiscal year that ended in March 2023, as funding winter continues amid global macroeconomic conditions. As tech startup valuations continue to dip, the Vision Fund vertical posted a 4.3 trillion Japanese yen (about $32 billion) loss for its fiscal year.