softbank considers ipo for billion vision fund

SoftBank Considers IPO for $100 Billion Vision Fund

Business

SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene, people familiar with the matter said.

More immediately, SoftBank is negotiating with the sultanate of Oman for an investment of $1 billion or more in its existing $100 billion Vision Fund, which raised nearly all its cash from Saudi Arabia and Abu Dhabi, the people said.

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