SoftBank Vision Fund Borrows Against DoorDash, Coupang Stakes – Bloomberg

The market for initial public offerings is once again supplying Masayoshi Son with the means to borrow billions of dollars on behalf of his first SoftBank Vision Fund.
Ranked as the biggest technology-investing vehicle ever, the fund arranged two margin loans last month, regulatory filings show. One is backed by almost all of its $15 billion stake in South Korean e-commerce giant Coupang Inc., and the other by an undisclosed number of shares from its $8.8 billion investment in online food-delivery service DoorDash Inc.  

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