The market valuations of Vision Fund, Softbank group’s firm, are sliding off in the listed portfolio, creating a distrust in CEO Masayoshi Son by investors. Dilemmas of the first quarter loss of the firm touching $10 billion are being guessed, as Vision Fund faces impacts up to $26 billion in May through write-offs, nevertheless, leaving uncertainty for valuations in its private portfolio. The CEO has already taken up losses previously via investments in derivatives, which also creates an opening for Son’s lieutenants to sign off.
Softbank’s CEO in more trouble than anticipated; sliding value and distrusting investors
