Softbanks’s CEO Masayoshi Son is making a mechanism to extend their funding potential from 10 trillion yen to 20 trillion yen to 100 trillion yen. The funds will in all probability have invested in at the least 1,000 firms inside 10 years. According to Nikkei, all of the Vision Funds are anticipated to mainly goal unicorns — aka tech startups that haven’t gone public but however have an estimated valuation above $1BN. The common scale of funding by the funds is more likely to attain about $888 million, it stated. Softbank appears to be seeking to faucet into about 5% of the sovereign wealth

This article sources data from