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Masayoshi Son says SoftBank plans to cut its startup investments by 50%-75% through March 2023, after Vision Fund reported a $20B+ loss for its fiscal year (Veronica Irwin/Protocol)


Veronica Irwin / Protocol:

Masayoshi Son says SoftBank plans to cut its startup investments by 50%-75% through March 2023, after Vision Fund reported a $20B+ loss for its fiscal year  —  Japanese conglomerate SoftBank is severely cutting its planned startup investments through next March, Chief Executive Masayoshi Son said in a Thursday earnings call.


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