Softbank Vision Fund

According to reports, Softbank Group said that the collapse of Silicon Valley Bank had little impact on companies supported by SVF (Softbank Vision Fund). Softbank also said: “It is not expected that the Bank of Silicon Valley will have an impact on our financial situation.” Interpretation of this information: The recent collapse of Silicon Valley Bank (SVB) has raised concerns among the tech industry, particularly those who rely on the bank for funding. However, Softbank Group, one of the SVB’s major users, announced that the demise of the bank would…