Masayoshi Son Is No Angel. He Might Want to Give It a Try
Angel investing would take Son back to basics. Compared with the SoftBank Vision Fund, a SoftBank Angel Fund should be:AD• Much smaller: $50 billion max. Angel investors take a punt on new companies at the earliest stages, often before a product has been fully developed or any revenue acquired. ADADShifting to angel investing wouldn’t be entirely altruistic. Whereas late-stage investing — the type the SoftBank Vision Fund specializes in — has declined over the past year, angel and early-stage investing is on the rise.
Source: Washington Post January 21, 2020 02:03 UTC
