41–50 of 90 posts
How it 'backfired', if it is going to do an IPO? Post IPO its market value could be much higher than acquisition price of $31B. Failure to sell to Nvidia at 2X the acquisition price is not a failure, it was an honest attempt to make a profit.
lol the cortex a7 is still the go to low power arm cpu. how a vast company with all the funding in the world can "bet on iot" but fail so miserably to make any improvement or change at all for so long is something i don't think I'll ever understand. dont get me started on how impossible to purchase most chips are, how inaccessible/non-existant the docs are, how vendored the frak up the screwball drivers are. what a d…
The Cortex-M4 is the goto low-power CPU.
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It's not as simple a comparison. We don't know the annual return % since all the money wasn't invested on day 1 but at various different points over 5 years. And the majority of it is still tied up in companies that haven't exited yet, so the value is mostly theoretical.
Sp500 is meant to be the benchmark. This is very unfair to present worst numbers than the benchmark and present it as a win even if numbers can be off.
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https://visionfund.com/portfolio ByteDance, Grab, Ola, Uber, Opendoor, Slack, DoorDash, Didi, Coupang were/are all great bets. According to CrunchBase ( https://news.crunchbase.com/news/softbank-vision-fund-strate... ), as of March 31, 2021 Vision Fund 1 was worth $146.5 billion from $86.2 billion in initial investment. I don't know enough about the space to judge whether that is considered good enough or not.
This is still underperforming the sp500 who went up 87% in the same 5 years.
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This is still underperforming the sp500 who went up 87% in the same 5 years.
Investors in Vision Fund likely have the goal of returns for this investment that are not similar to the S&P 500 or other public equity indices. I'd further bet that 15-20% annualized is considered a very good result for this part of those investors' portfolios.
This article is garbage. Dude bought ARM at 31bn and was going to flip it for 66bn until anti-trust regulators intervened. SoftBank did nothing wrong, other than accept the risk of regulatory intervention.
Makes you wonder if the work you're doing is at all productive or really is not.
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Investors in Vision Fund likely have the goal of returns for this investment that are not similar to the S&P 500 or other public equity indices. I'd further bet that 15-20% annualized is considered a very good result for this part of those investors' portfolios.
sp500 has both better returns and better diversification so less overall risks. And I am sure Vision Fund has higher expenses ratio than most of sp500 indexes. The only ones winning here is the execs of the fund.
lol the cortex a7 is still the go to low power arm cpu. how a vast company with all the funding in the world can "bet on iot" but fail so miserably to make any improvement or change at all for so long is something i don't think I'll ever understand. dont get me started on how impossible to purchase most chips are, how inaccessible/non-existant the docs are, how vendored the frak up the screwball drivers are. what a d…
Earlier quoted context omitted.
The “This Week in Startups” podcast from last week, episode 1378, interviewed the CEO. They are hiring their own drivers and building their own delivery hubs, meaning products you order are coming from their hubs, not from CVS or Walmart. They have more control over efficiency. They even acquired BevMo and are converting those into hubs.
I'm still skeptical that anyone will win that space. The core problem (instant delivery logistics in a dense urban area) is just too expensive for the average consumer to bear. Right now every player is VC subsidized, but what happens when that money dries up?