Tim Culpan, Columnist

Masa’s $100 Billion Fund Plays a Game of Hot Potato

The trick in venture capital is finding someone to buy your stake for more than you paid. A listing would grant new sources of cash.

More, more, more.

Photographer: Akio Kon/Bloomberg
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It wasn’t until the very end of Masayoshi Son’s investor presentation on Thursday that he addressed one of the questions vexing observers of his SoftBank Vision Fund.

That was the second dodge in a row after the founder of SoftBank Group Corp. refused to answer a question about Saudi money and the murder of journalist Jamal Khashoggi.