SoftBank kills half the performance incentive for its Vision Fund execs
https://techcrunch.com/2021/02/08/softbank-kills-half-the-performance-incentive-for-its-vision-fund-execs/
SoftBank reported earnings today, including the performance of its $98.6 billion Vision Fund. The numbers were enticing given the recent exit of DoorDash, which returned billions to SoftBank and represents one of its first truly blockbuster investments out of the fund. The company has now seen 18 investments exit, including 10 fully exited and eight that are now trading on the public markets.
SoftBank and the late-stage venture capital J-curve
SoftBank kills half the performance incentive for its Vision Fund execs
Feb 8, 2021, 6:52pm UTC
https://techcrunch.com/2021/02/08/softbank-kills-half-the-performance-incentive-for-its-vision-fund-execs/
> SoftBank reported earnings today, including the performance of its $98.6 billion Vision Fund. The numbers were enticing given the recent exit of DoorDash, which returned billions to SoftBank and represents one of its first truly blockbuster investments out of the fund. The company has now seen 18 investments exit, including 10 fully exited and eight that are now trading on the public markets.
> SoftBank and the late-stage venture capital J-curve