SoftBank Group Corp chief executive Masayoshi Son boasted of delivering “golden eggs” on Monday.
“Our vision never changed,” Son told a news conference in Tokyo after his company announced its latest results. “Golden eggs are not produced by chance,” he added, returning to a favoured analogy that describes SoftBank as a goose that backs fast-growing companies such as Alibaba that are its golden eggs. […]
The $100bn Vision Fund’s 82 investments were valued at $90bn, compared with their purchase price of $76.3bn. The fund has also recorded $20.4bn in gross gains since inception.