Masayoshi Son, the founder of Japanese technology giant SoftBank, has seen the future — and he wants to buy a slice of it.
Son believes that, not long from now, our lives will be dominated by robots, artificial intelligence and other advanced technologies. He wants to invest in the companies that will build that future through his company’s nearly $100 billion Vision Fund.
Price has not deterred him. SoftBank is in talks to invest in co-working company WeWork for the second time in a year, at more than double the $17 billion valuation of its last investment. The rationale: The head of the Vision Fund said this week that WeWork could, someday, be worth $100 billion.