The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 19 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
US government owns 10% of Intel, Nvidia and SoftBank 5% each
“American government owns 10% of Intel. Nvidia and SoftBank own five percent each.”
O'Driscoll: SoftBank is 1.5x to 2x levered, threatening equity in downturn
“It's around two X levered, right? One and a half to two X levered in terms of equity, right? What that means is a 30, 40% decline, you know, wipes them out.”
O'Driscoll: SoftBank's Klarna shares will trade at 30-40 cents on dollar
“They just overpaid and they're going to get converted and they're going to trade at 30, 40 cents of what they originally paid.”
Pishevar: Kalanick and Michael initiated SoftBank's $12B Uber deal
“So the SoftBank conversations, ironically, Travis and Emil started those conversations, the ultimate twelve billion dollar investment from SoftBank Vision Fund.”
Claure: SoftBank produced 22 Latin American unicorns in one year
“We have produced, I think, a total of 22 unicorns last year, where before that, there were like one, so it's been amazing what I'm seeing in Latin America.”
Claure: SoftBank Will Take 8 LATAM Fund Companies Public by 2022
“My expectation is that we take at least eight of our companies public between this year and next year of the Latin American fund.”
Elad Gil: SoftBank's impaired portfolio is delaying Vision Fund 2
“SoftBank would be an example of that, where they invested a very large amount of money In a number of companies, a number of those companies are now below where SoftBank has invested. A number are well above, like Gardent. And it looks like the Second Vision F…”
O'Driscoll: SoftBank is funding OpenAI at $300B and $500B valuations simultaneously
“SoftBank is closing two separate deals right now. They're closing their roughly three hundred billion pre direct investment, and they're also doing a share buyback from exist from some existing employees of five hundred billion.”
Claure: SoftBank aims to deploy $5B annually in Latin America
“Well, you know, if we can continue to do this, my goal would be to invest five billion dollars a year in the foreseeable future.”
Claure: SoftBank backs over 84% of Latin American unicorns
“I was looking at the market share of unicorns that we have in Latin America. It's over 84% of companies”
Lemkin: SoftBank is hitting debt limits and flashing above covenants
“The only problem is SoftBank seems tapped out. They're hitting their debt limits. They just announced this week, right? That they're flashing above their covenants.”
The original SoftBank Vision Fund correctly identified the massive AI opportunity
“They were early to figuring out that there would be a huge opportunity in AI. So, you know, they famously were in NVIDIA in, in that fund you know, and they did some really good investments, like Slack, like Garnet.”
Claure: SoftBank invests exclusively its own capital with no LPs
“We only invest our own capital. We don't have our own LPs. We don't have specific cycles.”
Haas: Masayoshi Son lost 90% of his net worth and recovered it
“Arm is owned by SoftBank. So, Masayoshi-san, who's, I think, in the top 50 most wealthy people in the world, in the year 2000, he was the wealthiest man in the world, I think, for, he likes the joke, for about 20 nanoseconds when the SoftBank stock was higher …”
SoftBank acquired Arm for $32 billion in 2016
“In 2016, SoftBank made Arm its largest ever acquisition, with a reported price of thirty two billion dollars.”
JOKR Raised Over $260M at a $1.2B Valuation
“Ralph has raised over two hundred and sixty million dollars for the company, most recently valuing it at 1.2 billion dollars, and prior to Joker, Ralph spent close to seven years as the founder and CEO of Food Panda, as well as enjoying roles as chief strategy…”
JOKR has raised over $170M from GGV, Balderton, SoftBank, and Kaszek
“To date, Ralph has raised over a hundred and seventy million dollars for the company, from the likes of GGV, Balderton, Soft SoftBank and Kazak, to name a few.”
SoftBank Owned a Third of Yahoo at Its IPO
“SoftBank then ended up owning, as you'll recall a third of Yahoo at the IPO.”
Stebbings: x.ai has raised over $30M in venture capital
“And x.ai is now one of the best funded AI startups, having raised over thirty million dollars from our friends at Firstmark, and a big thanks to Matt Turt for making the intro, and the likes of DCM, Lira Hippo, Crunch Fund, SoftBank, and many more incredible i…”