Masayoshi Son founded SoftBank Group in 1981 and comes from humble beginnings. Growing up on the southern Japanese island of Kyushu he was bullied as a child, because his family had come from Korea. Now he is one of the most respected leaders in the investment community having recently announced the $100 Billion Vision Fund. Estimated to be worth $18 Billion by Bloomberg, Masayoshi has backed some of the biggest names in Tech including Uber, Didi Chuxing, WeWork, Slack and Grab. The secret to his investment style is gun-senryaku, a Japanese expression that describes the way a flock of birds flies together. His hope, he says, is that portfolio companies will help one another and head off copycats. In Southeast Asia, for instance, SoftBank has encouraged Grab to form joint ventures with a handful of portfolio companies to help those startups break into the region. #startups #investments #venturecapital #privateequity
A recent campaign celebrating the rise of China from poverty to the second largest economy in the world. We find this interesting for a few reasons;
1. Globalisation, Patriotism and Nationalism are all at an inflection point right now, not just politics but as we decide what is the best way forward as Global citizens.
2. Many people alive today have been through significant change over the past 80 years, from wars and famine, through the industrial revolution, and now via connected technology and the 4th Industrial revolution. It’s difficult to fathom how that makes one feel about the world and their role in it.
3. This rapid evolution is most prevalent in Asia, home to 4.5 billion people, all going through the 4th Industrial revolution together as the evolving middle class. Some may have difficulty going through such rapid change but if we keep an open mind and learn to evolve and understand each other, it could unlock potential available to us only in our wildest dreams.
#Inspiration #Education #Potential