It’s official. Two weeks ago, we reported that Opendoor — the four year-old, San Francisco-based company aiming to make it possible to buy and sell residential real estate with a few key strokes — was close to sealing up funding from SoftBank. Today, it’s announcing that the ink is dry on the deal. The terms: SoftBank’s massive Vision […]
Saudi Arabia's sovereign fund the Public Investment Fund (PIF) is making a second $45 billion investment in SoftBank's Second Vision Fund, Bloomberg reports.
Crown Prince Mohammed bin Salman said in an interview that the PIF wants to be a key player in SoftBank's next fundraise, because it has seen "huge benefit" from the first one.
Bin Salman set up the first $100 billion SoftBank Vision Fund with CEO Masayoshi Son.
Saudi Arabia is investing another $45 billion in SoftBank's second Vision...
Loan was larger than initially planned due to strong interest from banks