Looking at the rise of Softbank and Mr Masayoshi Son, the firm that continues to make dreams come true, is the one that gives the people what they want. Softbank is now a global telecommunications and internet conglomerate worth trillions of yen. Mr Son wants to build a world that is run by computers in a way that facilitates all of the mundane processes and allows humans to level a better life, to have a better life experience. People love this company because it turns dreams into real life reality.
The $100 billion Softbank Vision Fund that has global investors working together, including some of the wealthy in Saudi Arabia, is a driving force in the future of Softbank. He bought the then-No.3 telecommunications company in the US for $22 billion, and the British chip designer ARM Holdings PLC for $32 billion in 2016. This was of course the largest tech acquisition in European history.
According to Mr Son, “I make investments based on vision.” He says that the Vision Fund is a new idea that makes continuous investments in new ideas with vision in mind, new technologies that are going to change society and change how humans live. He is naturally interested in emerging technologies like AI, artificial intelligence and robots, two ares that will impact our lives in the coming decades.