On June 5438+ 10 last year, Sun Zhengyi, a Japanese billionaire and chairman of Softbank Group, revealed the plan to set up the fund. Since then, the fund has received investment commitments from some of the richest investors in the world. Softbank Vision Fund said in a statement: "The next stage of the information revolution is in full swing, and building a business that may become a reality will require unprecedented large-scale and long-term investment."
Sun Zhengyi, CEO of Softbank, said earlier that Softbank will increase its investment in technology companies on a global scale through the fund, thus becoming the largest investor in the technology industry in the future 10.
In addition to Softbank and Saudi Public Investment Fund (PIF), the fund's investors also include Mu Badala Investment Company in Abu Dhabi, which promised to invest 654.38+0.5 billion US dollars; And Apple, Qualcomm, Foxconn and Sharp. In addition, in June of 5438+ 10, Apple announced that it had invested 654.38 billion US dollars in Vision Fund, and confirmed that the two companies held talks in February last year. It is reported that Softbank plans to invest at least $25 billion in the fund, Saudi Arabia's joint investment fund plans to invest $45 billion, and Abu Dhabi's Mu Badala Development Company plans to invest about $654.38+0.5 billion.
After meeting Trump in June 5438+February last year, Sun Zhengyi promised to invest 50 billion US dollars in the United States, which will create 50,000 jobs. Trump said that this commitment is the direct result of his victory in the election.
Softbank Vision Fund said it would seek to acquire minority or majority stakes in private or listed companies, including start-ups or mature companies worth billions of dollars. It hopes to get the priority of long-term investment opportunities worth 1 billion dollars or more.
Other areas that the fund may invest in include mobile computing, communication infrastructure, computational biology, consumer Internet business and financial technology. The goal of the fund is to commit capital to the scale of 654.38+000 billion US dollars, and it is expected that the fund will be raised within 6 months.
In March this year, Softbank injected a 25% stake in ARM into Vision Fund, worth 6.5 billion pounds. According to the analysis, Softbank decided to sell 25% of the shares of Arm because the above-mentioned fund led by Softbank is striving to achieve its fundraising goal and win the support of Abu Dhabi government investment institution Mubadala, who hopes that the fund will hold part of the shares of ARM.