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Trying to get VC money from SoftBank? Here’s what you need to know about Masayoshi Son’s strategy

Masayoshi Son. (Credit: nobihaya/Wikimedia Commons, Pixabay) Startups backed by Japanese billionaire Masayoshi Son’s Vision Fund are reporting back on what it’s like to be part of the SoftBank “family” and there’s a few key takeaways. First, be prepared for last-minute trips to Japan to meet the SoftBank Group chairman and CEO in person. Founders recounted to CNBC that they received sudden calls with the same message: “Masa wants to see you tomorrow.” Next, the Japanese concept of keiretsu seems to be one of the best descriptors of Son’s strategy for the startups he invests in. Keiretsu refers to companies taking stakes in one another as part of long-term planning strategy. Similarly, Son encourages companies with Vision Fund backing to work together on deals to help each other grow. Trying to get VC money from SoftBank? Here’s what you need to know about Masayoshi Son’s strategy

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