PeterElstrom
Stories by PeterElstrom
Didi Chuxing advances IPO plans to next quarter, targets $62b valuation
The debut would hand another triumph to investor SoftBank and Masayoshi Son.
Japan’s SoftBank seeks $10b to support Vision Fund companies
The move will help support its portfolio companies battered by the coronavirus pandemic.
After WeWork debacle, Vision Fund’s accounting practices draw concerns
Son’s bookkeeping has allowed him to claim his average internal rate of return far outpaces those of other investors.
China’s VC boom shows signs of a downturn as deal value drops 77% in Q2
VC deals in China plummeted in Q2 as investors pulled back amid trade talks and concerns about startup valuations.
Behind Masa Son’s unconventional, unstoppable dealmaking spree
Son has rattled rivals with his growing influence and changed the game of startup investing -- for better or worse.
Xiaomi said to eye valuation of at least $50b in IPO
It is considering an offering as soon as next year with banks suggesting Hong Kong as the most likely destination. Xiaomi last raised money in 2014 at
SoftBank’s Son chases boyhood dreams with $100b fund
With the Vision Fund, Son vows to become the biggest investor in tech.
Chinese entrepreneur & ex-Google engineer Colin Huang builds $1.5b startup
Huang's PDD raised more than $100m valuing the company at $1.5b.
25-year-old Tink Labs founder may soon give HK its first $1B startup
Think Labs is in the process of raising about $40m at over $1b valuation.
