How SoftBank’s Vision Fund turned losses into gold this summer

How SoftBank’s Vision Fund turned losses into gold this summer

It’s difficult to reflect to the Vision Fund period today, given the oddities that 2020 has actually brought. But SoftBank’s gravity-bending financial investment car only stopped investing last September, ending its dispensation of substantial blocks of money from an overall dedicated capital pool worth almost $99 billion. The Vision Fund was a wrecking ball, smashing into […] The Vision Fund was a wrecking ball, smashing into any business it selected with a big check and needs for rapid growth. At the end of its fiscal 2019, SoftBank Group reported that the Vision Fund held 88 investments that had cost it $75.0 billion. Of course, SoftBank Group is far more than the Vision Fund– the business is a Japanese corporation with a huge telecom organization that makes lots of cash. …

Handle.com helps independent construction workers get paid on time

Handle.com helps independent construction workers get paid on time

From long payment cycles to antiquated processes on how to bill workers, the hefty inefficiencies of the construction industry are long overdue for innovation.  Enter startups such as the large venture-backed Katerra and recently public companies such as Procore. Still, independent contractors or workers from small family businesses often can’t afford hefty fees from SaaS […] …