SoftBank raised more than $1 billion for SoftBank Capital Partners in July 1999 to make late-stage investments in promising tech companies.
January 15, 2020   |   View Online »
 
20 years before WeWork, SoftBank raised a massive fund and plowed money into 14 startups. 7 collapsed in the aftermath of the dot-com meltdown, and the fund returned pennies on the dollar.

20 years before WeWork, SoftBank raised a massive fund and plowed money into 14 startups. 7 collapsed in the aftermath of the dot-com meltdown, and the fund returned pennies on the dollar.

Bani Sapra,Dakin Campbell | SoftBank raised more than $1 billion for SoftBank Capital Partners in July 1999 to make late-stage investments in promising tech companies.

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Jamie Dimon makes renewed pitch for JPMorgan to be valued like a subscription service — and it shows how Wall Street is trying to echo Big Tech

Jamie Dimon makes renewed pitch for JPMorgan to be valued like a subscription service — and it shows how Wall Street is trying to echo Big Tech

Dakin Campbell | Dimon made the comments on a conference call with journalists on Tuesday after the bank reported fourth-quarter earnings that topped expectations.

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Wells Fargo takes a $166 million wealth-tech hit as new management rethinks big projects

Wells Fargo takes a $166 million wealth-tech hit as new management rethinks big projects

Rebecca Ungarino | The item marked the second-straight quarter of a technology project-related expense that came out to north of $100 million.

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JPMorgan wants to create a dashboard for customers to pick and choose data that third-party apps access, as banks get more territorial about sharing information with fintechs

JPMorgan wants to create a dashboard for customers to pick and choose data that third-party apps access, as banks get more territorial about sharing information with fintechs

Dan DeFrancesco,Dakin Campbell | Jennifer Piepszak, JPMorgan's CFO, said apps will only access customer data through JPMorgan's own APIs because it is the "most secure way to do it."

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Small-business lender Fundbox just hired its first CFO. The former VC explains why the startup was overdue for a finance chief.

Small-business lender Fundbox just hired its first CFO. The former VC explains why the startup was overdue for a finance chief.

Shannen Balogh | Thinking about an eventual public debut, the startup just hired growth investor Marten Abrahamsen to get the company ready.

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Fidelity's RIA head explains where he thinks the business fits into a fast-growing industry being reshaped by mergers and breakaway advisers

Fidelity's RIA head explains where he thinks the business fits into a fast-growing industry being reshaped by mergers and breakaway advisers

Rebecca Ungarino | The firm's RIA segment head explains how Fidelity is billing itself to an independent advisory market that's growing in size and sophistication.

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Visa's CEO hinted at the need to address 'concerns' Wall Street has about buzzy fintech Plaid, which the payment giant is set to acquire for $5.3 billion

Visa's CEO hinted at the need to address 'concerns' Wall Street has about buzzy fintech Plaid, which the payment giant is set to acquire for $5.3 billion

Dan DeFrancesco | Al Kelly, Visa's chairman and CEO, mentioned the payments giant intends to respond to issues raised by some Wall Street firms about the startup.

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The CEO of Microsoft's GitHub, home to 40 million developers, says the site is 'by far the most valuable social network that's ever been built'

The CEO of Microsoft's GitHub, home to 40 million developers, says the site is 'by far the most valuable social network that's ever been built'

Rosalie Chan | GitHub CEO Nat Friedman explains how GitHub users are secretly powering all the world's software, including those of Fortune 500 companies.

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Here's why writing things out by hand makes you smarter

Here's why writing things out by hand makes you smarter

Drake Baer | Want to remember more of what you're trying to learn? The pen is mightier than the keyboard, since it's a better tool for engaging your brain.

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Here's exactly how to tell if you work at a toxic company that doesn't care about you

Here's exactly how to tell if you work at a toxic company that doesn't care about you

Rachel Premack,Weng Cheong | Many people feel underappreciated at work, but these key signs may indicate it's time to find another job.

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