Forget $108 billion target, SoftBank’s second Vision Fund could be this much smaller than first fund

Four months after SoftBank announced its second Vision Fund of $108 billion following capital commitments from investors, the global technology investor is facing a challenge in raising the ambitious amount. The new fund is likely to be significantly short of the $108-billion target after SoftBank’s investors including Saudi Arabia were unnerved due to the Japanese fund losing big bets on companies including WeWork, The Sunday Telegraph reported. In fact, the fund amount could be, as reported, 30 per cent smaller than the first Vision Fund by SoftBank. The size of Vision Fund 1 was $100 billion.