https://www.recode.net/2017/10/20/16506400/stitch-fix-ipo-softbank-masayoshi-son-vision-fund-alphabet-lyft-uber-facebook-apple-subscriptions

Stitch Fix filed its long-awaited IPO on Nasdaq, looking to raise $100 million. The 6-year-old personal styling service and online retailer has 2.2 million active customers; it is seeking a valuation of up to $4 billion. Only a few investors held concentrated ownership positions in the company, so just three VC firms are poised to share any big returns from the IPO: Baseline Ventures, Benchmark Capital and Lightspeed Venture Partners. [Jason Del Rey / Recode]

SoftBank could commit as much as $880 billion to tech investments in the coming years — a gargantuan, unprecedented amount of cash that would amount to a seismic shift in tech finance. CEO Masayoshi Son — who is already betting $100 billion on the tech sector via his Vision Fund — said he is planning a series of investments in young companies. [Theodore Schleifer / Recode]