HN Gopher Feed (2017-10-22) - page 1 of 10
SoftBank Plans a New $200B Fund
46 points by jkuriahttps://www.wsj.com/articles/japans-softbank-plans-a-second-gian...
0xbear - 51 minutes ago
Middle East oil money for people who are reluctant to take money
from the Middle East investors directly.
JumpCrisscross - moments ago
This is getting downvoted, but it?s a major part of the puzzle.
60% of the Vision Fund is Saudi and Emirati money . Political
risk is real. The line between ?Saudi backed? and ?venture
backed? can be night and day for some companies.
noddy1 - 39 minutes ago
Great, so now the frozen IPO market means that all the growth from
tech unicorns gets captured by saudi oil sheiks. thanks SEC/SV!
JonFish85 - 23 minutes ago
Alternatively: the bubble is inflated with wealthy oil sheiks?
money, and transferred to upper middle class workers.Edit: a word
goseeastarwar - 35 minutes ago
There's already been lots written about this, but it's astounding
how much these SoftBank funds will effect the startup ecosystem for
years to come.After years of VC's talking about how too much money
is floating around creating over-priced unicorns, Masayoshi Son is
going to end up injecting a trillion more dollars into the private
market.Employees need to start demanding that their employers
create regular buyback/secondary programs to make up for the
restrictions on their illiquid stock. It should be a straight
forward part of the performance review process: "Here's some more
stock, here's some more salary, how much of your existing stock
(eg. up to 10%) would you like to sell in the next
buyback?"Companies like Slack are never going to go public in this
sort of environment and its the employees that suffer the most. The
public not being able to participate in startup gains is a
legitimate issue, but they're not the ones creating the value in