SoftBank’s fund to focus on Japan startups

Playing catch-up: A pedestrian walking past a SoftBank signage in Tokyo. Japan lags far behind its Asian neighbours and the United States when it comes to creating major private startups. — Bloomberg

TOKYO: Masayoshi Son’s Vision Fund has poured billions into startups around the world, but so far made zero investments in his home country Japan.

SoftBank Group Corp is now hiring an investment professional whose job would be to change that.