• Breakingviews: A South African Take on the Vision Fund May Be Small, but It Carries No Saudi Baggage

    11 days ago - By NY Times

    As the global investment spotlight illuminated Riyadh last month, Naspers unveiled plans to pour $315 million into South African tech start-ups.
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  • Term Sheet - Monday, November 5

    11 days ago - By Fortune

    MASA WATCH 2018 Good morning, Term Sheet readers.
    The relationship between Softbank CEO Masayoshi Son and Saudi Arabia's Crown Prince Mohammed bin Salman remains under scrutiny over the murder of journalist Jamal Khashoggi.
    On Friday, we discussed Softbank's awkward position after it publicly touted that Saudi Arabia's Public Investment Fund contributed nearly half of the money for its $93 billion Vision Fund. Recently, bin Salman announced that he planned to pour another $45 billion into SoftBank's second Vision Fund.
    Various media outlets posited whether the scandal could freeze Softbank...
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  • SoftBank CEO won't shun Saudi investment despite the murder of journalist Jamal Khashoggi

    11 days ago - By Fast Company

    SoftBank took a $45 billion investment from the Saudi government for its Vision Fund.
    SoftBank has been on a tear in the last few years thanks to its $100 billion Vision Fund, which allows the Japanese giant to scoop up smaller companies and invest in new technologies, as most companies can only dream of.
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