SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund

SoftBank CEO Masayoshi Son says the company won't walk away from its existing commitment with the Saudi Arabian royal family -- the largest LP in its $100 billion Vision Fund -- but the firm will wait on the outcome of an investigation into the death of journalist Jamal Khashoggi before deciding on whether to continue the relationship. While he said the company "want(s) to see those responsible held accountable," Son told the audience at a SoftBank investor day that there's no immediate strategy for a follow-up to the $100 billion fund, which has forced other VCs to raise larger funds and adjust their investment strategies.