Homepage / Asia / Meet the man behind $126 billion worth of deals
Ideas on how to come-out: Tips to keep in mind > Taimi Meet your perfect match – granny hookup site Türkiye-Çin İşbirliği Derinleşiyor GuGi Mobil Yükleme Seçenekleri Hizmet İçi Eğitim Sona Erdi Dooball tv ดูบอล ออนไลน์ สด 66 ลิงค์ บนมือถือ ฟรี ภาพชัด HD ทั่วโลก Find your rich cougar date in the most useful dating site Find your dream fat girl hookup today Slot Thailand Daftar Link Situs Slot Gacor Maxwin x500 Terbaru Hari Ini Resmi Auto Jackpot! Konsultasi ke Dewan Pers, Komisi I DPRD Jambi Pertanyakan Indeks Kemerdekaan Pers Jambi yang Turun Akses News Cerita Korban Judol di Balikpapan yang Nekat Gelapkan Uang How to get local horney women in your area 3 Cara Hapus Akun Judi Online Slot : Okezone Economy SITUS TOTO > Sering Kalah Main Di Situs Slot Gacor Terbaru Mudah Maxwin Situs Slot Gacor Maxwin Main Tanpa Pola Modal 5ribu Terbaik Melhores cassinos online de Novembro 2024: Confira o top 10! Enjoy amazing gay sex experiences using the top sites on the web Make the absolute most of one’s big butt dating adventure here 9 circumstances this means when a person avoids eye contact with a lady – Hack Spirit Top Greatest M4M Personals Sites in 2022 ◉ BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Лотерейные розыгрыши в kasino on-line Лев казино: условия осуществления и доступа Main features of playing in machines at online-club Karavan Connect with like-minded females making new friends Comment accéder à des jeux gratuits avec Space fortuna bonus ? PUCUK4D⭐ Bandar Toto Togel Online & Situs Toto 4d Terpercaya #1 Betting site Karavan bet Gates of Olympus internet-based: benefits of playing for real money Discover an environment of opportunities with lesbian and bisexual dating Aprovecha Los Códigos Promocionales De Bbrbet ¡más Bonos, Más Juegos 1xbet Giriş Yeni Adresi 2024 ⭐️ 1xbahis Güncel Adres » 1x Guess Mobil Casino How to get started with sext room BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING La Application De Bbrbet: Juegos Y Apuestas Approach Alcance De Tu Man Start your love story now – join our talk to gay strangers source today BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Find regional bbw hookups inside area BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Lotion of Coconut: A Versatile Component for Delicious Desserts and Cocktails The Very Best Online Gambling Establishments: An Overview to the Top Ranked Online Casino Sites Dealing With Swollen Lymph Nodes in the Groin: A Comprehensive Guide Online Casinos that Approve Mastercard: The Ultimate Overview Rhinocerous Tablets: What Are They Used For? Online Blackjack Real Cash PayPal: The Ultimate Overview One Of The Most Popular Online Slots: An Overview to Exciting Gambling Enterprise Games Exactly How to Eliminate Crawler Veins Normally Comprehending Cholesterol: What is a Great Cholesterol Degree? Free Offline Casino Site Slot Machines: Appreciate Gambling Enterprise Games Whenever, Anywhere новой Игровые Автоматы и Слоты Играть нежелающим И Без Регистрации В Новинки 202 test “aviator Cassinos Para Arriesgar No Jogo On The Internet Aviãozinho No Brasi Página 2 Time-tested legitimate one-armed bandits in internet club başari bet casino Mr Jack Bet Brasil Como Funciona? Análise Completa Do Sit The Art of Card Reading Tarot Card Numerology Estimation: A Comprehensive Guide Numerology Generator: Opening the Keys of Numbers The Power of Numerology Calculator: Unlocking the Tricks of Numbers The Ultimate Guide to Gambling Sites: Everything You Required to Know Numerology Evaluation: Opening the Keys of Numbers The Power of Free Tarot Card Card Analysis Discover the Exhilaration of Ports of Las Vega Split Second Play Discover the Best Mobile Gambling Establishments for Video Gaming on the Go Unlock the Mysteries of Tarot Reading free of charge Opening the Secret of Free Tarot Card Pull The Power of Free Tarot Card Analysis Online The Ultimate Overview to Free Tarot Card Online Préstamos Urgentes Hoy: Todo lo que Necesitas Saber Creditos Rápidos Online: Todo lo que Necesitas Saber Understanding Online Psychics: A Comprehensive Overview Numerology Call Calculator Free Discover the Power of Indian Numerology Calculator Numerology Evaluation: Comprehending the Power of Numbers Every little thing You Need to Understand About Quick Loans Online Alternatives to Whipping Cream What is Halobetasol Propionate Lotion Utilized For? What is Arnica Lotion Used For? Discover the Exciting Globe of Free Port Games Online The Very Best Genuine Money Gambling Establishments: A Comprehensive Guide Tarot Card Card Analysis: Unlocking the Mysteries of the Future The Ultimate Overview to Tarot Card Reading Gambling Enterprises that Accept Neteller: A Comprehensive Guide Safe Online Gambling: A Comprehensive Guide Numerology Chart Calculator: Unlocking the Keys of Your Life Course The Ultimate Overview to Tarot Reading Online The Ultimate Guide to Psychic Reading Cards Prestamo Rapido: Tu Solución Financiera Rápida Préstamos Online Rápidos: Todo lo que Necesitas Saber Pick a Tarot Card Card: An Overview to Recognizing and Understanding the Magical Tarot Card The Ultimate Overview to Tarot Card Pull Online Discovering the World of Psychic Analyses Understanding Numerology: Revealing the Mysteries of Figures

Asia

Meet the man behind $126 billion worth of deals

SoftBank founder Masayoshi Son is not just the wealthiest man in Japan. He’s not just a tech titan boasting billions of dollars worth of investments in some of the most important companies of our age.

Son is his country’s lone mold-breaking entrepreneur.

Decision-makers in Japan are usually fiscally conservative, whereas under Son, SoftBank appears to be making regular multi-million dollar, or in some cases multi-billion dollar, investments into various companies — some of which are not directly related to SoftBank’s core money-making businesses.

“He’s doing something that is incredibly unique from the Japanese perspective,” said Jesper Koll, head of Japan at WisdomTree. “It’s sad to watch that he’s the only Japanese entrepreneur who is creating the new frontier (in tech).”

While new technological advances have become a constant source of disruption for established corporations, smart companies are keeping up by either plowing money into research and development or into investments and acquisitions. SoftBank, with Son at the helm, is doing both.

SoftBank’s core businesses are telecommunications — within Japan and through its controlling stake in Sprint — but it also draws in revenue from other technology businesses.

The Japanese tech giant has made a number of prominent investments recently, including last year’s acquisition of U.K.-based chip maker ARM for $32 billion, a $4 billion stake in U.S. chip maker Nvidia this year, and a newly announced $2.5 billion boost to Indian e-commerce player Flipkart.

That last stake comes from the massive SoftBank-led Vision Fund while existing investments in Nvidia and ARM are expected to also be offered to the fund.

The Vision Fund includes capital from SoftBank, Saudi Arabia’s sovereign wealth fund and tech firms Apple, Foxconn, Qualcomm and Sharp. In May, the fund announced it had closed $93 billion in capital and that it hopes to raise $100 billion by the end of the year.

Even beyond that, SoftBank also has many investments separate from the Vision Fund. For example, it acquired a controlling stake in U.S. telecommunications firm Sprint for about $36 billion between 2012 and 2013. Son was also an early investor in Yahoo and Alibaba, when the latter’s valuation was below $100 million according to investors.

Between 2012 and 2017, these were SoftBank’s top investments:

Dealogic data, which includes investments by the Vision Fund, showed that between 2012 and August of this year SoftBank announced 383 deals worth approximately $125.76 billion.

All those deals fall into one of two categories: cutting-edge technologies or tech companies that are already number one or number two in their category.

“They know if they consistently invest in capital leaders in a disruptive category, the upside is humongous,” Hans Tung, managing partner at GGV Capital, told CNBC. He explained, “They’re good at investing in ideas that’re proven in a developed market, but they want to invest in local competitors that are number one in emerging markets.”

For example, in the ride-hailing market, SoftBank is already invested in southeast Asia’s top player, Grab, and India’s leading local player, Ola. Recently, SoftBank said it would be interested in putting money into either Uber or Lyft, the leading ride-hailing players in the U.S.

Occasionally SoftBank invests in the number two company in a specific industry and then aims for a merger with the top player, said Tung. That was the case in China’s leading ride-hailing player Didi Chuxing. The company formed from a merger between Didi Dache and SoftBank-backed Kuaidi Dache.

While telecommunications — both domestic and the Sprint business in the U.S. — constitutes a sizable portion of SoftBank’s revenue, analysts say the company doesn’t see itself as a telecom business.

“SoftBank does not consider themselves to be a telecom business but they like the cash flow and see it as a tool to advance their tech ambitions,” Kirk Boodry, a Singapore-based analyst at New Street Research, told CNBC. He added that if SoftBank thinks wireless values are high, it might even sell the Sprint business.

“We think SoftBank wants to be represented across the value chain,” said Boodry.

Son, who founded SoftBank in the 1980s, has grand visions of what technological advancements the future holds. And he prefers to chart his course with mid-to-long term plans to achieve certain targets. At 19, the story goes, he created a 50-year life plan for his entrepreneurial ambition, setting himself targets for each decade to build up SoftBank into the tech giant that it is today. He also created a 300-year plan for it to continue growing as a corporation.

In 2010, Son presented a 30-year plan for the company, where the key theme was “Information Revolution” and the emphasis was on using new technologies to push the boundaries of science in areas like telepathic communications and increasing life expectancy to 200 years.

While those goals may still be far off from being realized, SoftBank’s subsidiaries, as well as companies in which it’s invested, are pushing the frontiers of technology in areas such as the “Internet of Things,” artificial intelligence and deep learning.

For example, SoftBank Robotics created Pepper — a robot capable of reading emotions and interacting with human beings — and teamed up with Alibaba and Foxconn to bring it to global markets.

In July, SoftBank was part of a group of companies that invested $159 million into U.S. car technology start-up Nauto. The Palo Alto, California-based company makes cameras that can track driver behavior in real time and know if they are distracted.

Meanwhile, SoftBank also holds a stake in Chinese ride-hailing company Didi Chuxing, which is looking at artificial intelligence in security and intelligent driving technologies in a new research lab in Silicon Valley.

Given how rapidly technology is shaking up the industry, no one knows what the next business model is going to be — something, Son is trying to discover, Koll said.

That said, Son’s ambition nearly came to an abrupt end during the dotcom bust in the early 2000s. A CNN report said he lost $70 billion in one day and admitted that 99 percent of his net worth was wiped out in 2000.

The massive Vision Fund, which was first announced in 2016, in part aims to realize Son’s vision of the future. It makes long-term investments in companies operating in technology such as the “Internet of Things,” artificial intelligence, robotics, mobile applications, consumer internet businesses and more. SoftBank has committed to invest $28 billion into the fund through a combination of equity in ARM and cash on hand.

“Creation of the Vision Fund should be positive for SoftBank shareholders. It separates some of the risk from the investment program into a separate non-recourse entity,” said Boodry.

But some investors have questioned whether SoftBank might be fueling a new valuation bubble in tech.

“In general, Son-san has a good investing track record so he should be do well,” said Boodry.

Source: cnbc china
Meet the man behind 6 billion worth of deals

Comments are closed.