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Sounds like SoftBank's Vision Funds are on their death bed. I remember the Saudis were big investors in it. Also the vision funds have pumped billions into the tech industry. I think this could potential signal a turning point for tech companies. It will be harder to get funding going forward if big money like the Saudis start to pull out.

https://markets.businessinsider.com/news/stocks/saudi-arabia-forum-largely-ignores-softbanks-son-after-wework-fail-2019-10-1028645336



Submitted October 31, 2019 at 08:51PM by 54634534563456 https://ift.tt/2PHDZHA

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