Fallacies of past performance; learnings from SoftBank

November 21, 2022

In June 2019 results, SVF reported over $20 billion in investment gains. The going was so good that SoftBank announced the launch of SVF2, hoping to collect over another $108 billion. Saudi SWF didn’t participate in thesecond fund but it still ended up with a total commitment of $56 billion.

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