Masayoshi Son's SoftBank Vision Fund has been described as a "big stack bully" because of its ability to throw money around the poker table of venture capital funding.
The fund does not appear to have any net deals in the September quarter.
According to data in its fiscal first-half filing, the fund had total investment of $ 28.1 billion on 30 September 2018. That compares to $ 27.1 billion at the end of June.
Two deals from its parent SoftBank Group Corp. sea to account for this minor boost:
SoftBank Vision Fund acquired investments in Coupang and OYO from the Company in the second quarter
The Vision Fund bought that stake in eCommerce startup Coupang for $ 700 million and its slice of bookings provider OYO for $ 200 million.
That big stack is not getting any smaller, though. On Oct. 19 the fund secured another investor who pledged $ 5 billion, taking committed capital to $ 96.7 billion. While they have not been spending money, they have not been sitting around.
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Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.
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