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SoftBank CEO Tells Trump He’ll Invest $50 Billion in Startups
Tuesday, December 6, 2016 17:56
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SoftBank CEO Tells Trump He’ll Invest $50 Billion in Startups | 06 Dec 2016 | SoftBank Group Corp. Chief Executive Officer Masayoshi Son told President-elect Donald Trump he would create 50,000 new jobs in the U.S. through a $50 billion investment in startups and new companies. The money will come from SoftBank’s previously announced $100 billion technology fund, according to a person familiar with the matter. That investment vehicle has a $45 billion commitment from the government of Saudi Arabia and $25 billion from Tokyo-based SoftBank, which operates technology and wireless companies around the world.
Source: http://www.legitgov.org/SoftBank-CEO-Tells-Trump-He%E2%80%99ll-Invest-50-Billion-Startups
