Tech, Business, Finance and Everything Else
SoftBank has invested $2 billion in Intel.
SoftBank Group Chairman and CEO Masayoshi Son said in a statement that the “strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role.”
This is mixed with the US Government also announcing that they will take a 10% stake in Intel.
I have been watching This Week in Startups – with Jason Calacanis – pretty much since the beginning. The video series / podcast provides a great insight in to some of the leading minds in the technology world.
Jeff Housenbold (Softbank Vision Fund) recently sat down with Jason to talk about the Softbank Vision Fund and some of its portfolio companies.
The comments about Growth vs Profit were very interesting and provided great insight.