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SoftBank's bet on Uber is paying off. Nvidia is another story - KBZK.com

Bozeman and Southwest Montana | Montana's News Leader®. SoftBank’s bet on Uber is paying off. February 6, 2019. Some of SoftBank CEO Masa Son’s big bets on tech companies are paying off for the company’s bottom line. “SoftBank Group is an investment vehicle, not an operating company,” he said Wednesday. Uber and Slack, two of the most valuable startups in the Vision Fund’s portfolio, are both expected to list their shares on stock exchanges this year. Son had boasted in the past about forming another Vision Fund as early as this year. But Saudi Arabia, which provided almost half the cash for the first fund, has been widely criticized over the killing of a prominent journalist in October, making it a controversial partner for future projects. Son said on Wednesday that while SoftBank maintains a good relationship with the Saudi government, it’s too early to discuss how or when the next Vision Fund will come together.

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