3 Investments Giving SoftBank a Headache

This article was first published by MyWallSt. MyWallSt makes it easy for you to pick winning stocks. Get a free trial today. It's the best investment you'll ever make.

SoftBank Group (OTC: SFTBF) (OTC: SFTBY) has a $100 billion investment fund which mainly invests in the tech sector. To date, Vision Fund I has invested in 83 different companies of varying sizes. However, there have been a number of high-profile, poorly performing significant investments from SoftBank, namely Uber Technologies (NYSE: UBER), Slack Technologies (NYSE: WORK), and WeWork. 

SoftBank was founded originally in 1981 as a telecommunications firm in Tokyo. Over the years, it expanded into a number of other industries. In recent times, the company's fund has been spending a lot of money to acquire smaller companies, as well as make significant investments in bigger companies.

Continue reading

Source Fool.com