Mubadala Is Undecided on SoftBank’s Next Vision Fund
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Mubadala Investment Co., which committed $15 billion to SoftBank Group Corp.’s Vision Fund, has yet to decide whether it’s signing up for the next round.
The original $100 billion Vision Fund holds stakes in Uber Technologies Inc., which has struggled in the public markets, and WeWork, the office leasing startup that was recently forced to pull its plans for an initial public offering. Now, the fund may be facing a writedown of billions of dollars, according to analyst estimates.