Job moves in the investment arms of telecoms companies over the past year, many of them involving rotation at SoftBank.
There have been a lot of moves by telecoms sector corporate investors over the past 12 month, many of them involving rotation at SoftBank and its Vision Fund. The latter is still aiming to substantially reduce operating cost. The downturn for tech has taken its toll on the Vision Fund, which registered paper losses of $49bn, likely foreshadowing further staff cuts.
US-based venture capital…
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