Sarah McBride
Stories by Sarah McBride
SoftBank files for two more SPACs seeking to raise $630m
The new SoftBank vehicles will target mobile communications and artificial intelligence.
Sequoia warned of a Black Swan in 2020, but it turned out to be one of its best years ever
Two of its most valuable companies, Airbnb and DoorDash, will hold IPOs this week.
SoftBank’s Vision Fund plans to unveil blank cheque company
The venture will combine the Vision Fund’s expertise in tech startups with its new emphasis on public stock trading.
SoftBank is said to consider bid for TikTok in India
SoftBank may need a local partner to cut a deal that would win government approval.
SoftBank said to hire Goldman for $1b Treasure Data sale
SoftBank earlier this month said it will separate the business from its chipmaking company Arm Ltd.
WeWork’s $3b stock sale rescue package to benefit only five investors
SoftBank has threatened to withdraw from the deal, the proceeds of which would not go to WeWork itself.
Sequoia Capital seeks to raise $7b for new funds as markets reel
The investment vehicles are the latest in a series focused on China, India and the US.
SoftBank-backed US firm Brandless winds up operation
The closure marks an embarrassing failure for SoftBank, which is struggling with a few other investments too.
SoftBank-backed Katerra to slash 200 Jobs, close Arizona factory
Katerra Inc., a modular construction startup, got an $865 million cash infusion from investors led by SoftBank Group Corp last year.
SoftBank Group-backed Wag Labs eyes sale after growth stalls
SoftBank invested $300 million in Wag in January 2018 via its $100 billion Vision Fund.