SoftBank’s Vision Fund Is a Graveyard of Broken Tech Startups www.vice.com

The companies are two of the biggest fish going belly-up after massive buy-outs from their largest investor, SoftBank’s Vision Fund.
Katerra has raised more than $1 billion from Softbank’s Vision Fund at a valuation of $5 billion with revenues around $850 million last year.
To date, the Vision Fund has invested about $1 billion into the company, but Oyo’s most recent $1.5 billion Series F funding round secured a $10 billion valuation.
Since Oyo is currently unprofitable, you might ask how that $10 billion valuation was reached.
There’s no evidence that Oyo has a profitable business model—a running theme among Vision Fund companies.