What is the relationship between SoftBank and SoftBank SAIF?

SoftBank Group was founded in Japan by Masayoshi Son in 1981 and listed in Japan in 1994. It is a comprehensive venture capital company mainly dedicated to investment in the IT industry, including networks and telecommunications. SoftBank has invested in more than 600 companies around the world and holds majority shares in more than 300 major IT companies around the world.

SoftBank SAIF, led by Mr. Yan Yan and his partners, currently manages investment funds with a total scale of nearly US$4 billion, including several US dollar and RMB funds. It is Asia's largest venture capital and growth-stage investment fund. One of the corporate investment funds. The funds managed by SAIF come from the world's top investors, including famous European and American university investment funds, public pension funds, family trust funds and other institutional investors.

The relationship between SoftBank and SoftBank SAIF:

1. To put it simply, SoftBank Group is a software banking group company, and SoftBank China is the biological son of SoftBank Group, helping his father to invest in China. In terms of strategic layout, Saifu was once the biological son of SoftBank Group, but he no longer recognized SoftBank Group as his father, and the father-son relationship was terminated.

2. Initially, SoftBank SAIF and SoftBank China were subsidiaries of SoftBank Group.

3. SoftBank China and SoftBank Asia. SoftBank China was founded in 2000, mainly for SoftBank's strategic investment layout in mainland China, Hong Kong, Macao and Taiwan. SoftBank Asia, also called SoftBank SAIF, was founded in 2001. It was funded by SoftBank and Cisco of the United States and is mainly used for investment. Asian businesses.

4. But now SoftBank SAIF is no longer part of the SoftBank Group. Why? Because several Chinese directors of SoftBank SAIF wanted investment decision-making power, they went solo during the second round of fund raising. SoftBank Group founder Masayoshi Son also withdrew from SAIF.

5. So now, SoftBank Group is a software banking group company, SoftBank China is SoftBank Group’s biological son who helps his father with China’s investment strategy. Saifu used to be SoftBank Group’s biological son but no longer recognizes him. SoftBank Group is the father and has terminated the father-son relationship.