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SoftBank's Son Eyes Another $100 Billion for Fund 2.0, Sources Say

  • Son has held early talks with investors about new Vision Fund
  • Japanese enterpreneur may raise fund as soon as next year
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SoftBank Said to Eye Vision Fund 2.0

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Masayoshi Son, the founder and chief executive officer of SoftBank Group Corp., is already thinking about his next $100 billion venture -- a version 2.0 of the world’s biggest technology fund, according to people familiar with the matter.

The Japanese entrepreneur has held preliminary discussions with investors about committing to a second fund as early as 2019, the people said, asking not to be identified as the matter is private. The people said the planned fund would likely draw a wider pool of investors than the first one, in which most of the contributions came from sovereign wealth funds in Saudi Arabia and the United Arab Emirates.