SoftBank's scale frees founders from short-term quarterly public market constraints
Jeff Housenbold · 20VC: Softbank Managing Partner, Jeff Housenbold on How Softbank Approach Portfolio Construction, Their Optimal Investment Decision-Making Process and What Excites Softbank Most In Opportunities Today · May 20, 2019 · at 8:30
Jeff Housenbold, Managing Partner at SoftBank Vision Fund, contrasts the quarterly financial pressure of leading a public company with SoftBank's long-term fund strategy.
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“As a public CEO, you have to hit your numbers to the penny every single quarter, and you're boxed in in some ways into executing against that one strategy, and you think very carefully about your Capital allocation, your investment decisions day by day, week by week, month by month, and quarter by quarter. As a leader here at the Vision Fund, given our scale, given our long-term mentality, given the types of companies that we're investing in, we have the ability not to worry about this month or next quarter.”
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