
“Let’s wait and see. We need time to evaluate the Tech landscape. Best of luck on the fundraising and please keep us posted on how else we can be helpful.”
I’m not sure if Yoda has heard this before. Here are the headwinds that the WSJ article highlights:
- Key LPs including Mubadala and PIF are getting cold feed
- There are key executive departures at the Vision Fund
- Softbank is ponying up most of the $48B they will likely close Fund II at (less than half of Target) and looking for creative ways to raise cash (leveraging alibaba stock with asset-backed loan against their ARM semis holdings…hmm)
May the Force be with you.