Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations
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(Reuters) - The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.The IPO flop of office-sharing firm WeWork, one of its biggest bets, and plunging valuations of other major investments such as ride-hailing pioneer Uber have cast a cloud over the efforts of SoftBank founder and Chief Executive Masayoshi Son to..