SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion

SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion

NEW YORK, – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion, according to people familiar with the matter. Details of the transaction will be unveiled on Monday when Arm makes public … Read more

Fallacies of past performance; learnings from SoftBank

Fallacies of past performance; learnings from SoftBank

If one puts an infinite number of monkeys in front of (strongly built) typewriters and lets them clap away, writes Nassim Taleb in Fooled by Randomness, there is a certainty that one of them would come out with an exact version of the Iliad. That monkey then shows up at your door with his impressive … Read more