Fintech

SoftBank Vision Fund cancels Delhi employee bash

The decision was made in the fourth quarter of last year – just as one of SoftBank’s biggest bets was imploding

Masayoshi Son
Masayoshi Son Photo: Getty Images

Executives at the SoftBank Vision Fund are used to plush events in Miami and California, but after last year’s debacles the influential tech investor is slashing spending on a corporate shindig.

The Japanese conglomerate’s controversial Vision Fund has scrapped a lavish annual bash that could have cost up to $9m, Financial News can reveal. The event was due to take place in Delhi, India in March 2020. 

WSJ Logo