SoftBank said that the idea the firm is having a hard time raising money for Vision Fund II is 'misleading and even inaccurate.'
Sources told the Journal that investors are hesitant to hand over money to SoftBank because of issues concerning lack of transparency and the decision-making going into where the money is invested, which led
. Interested investors reportedly see the Vision Fund as a"bet on the acumen of one person: SoftBank Chief Executive Masayoshi Son." However, SoftBank disputed reports the company is having trouble getting money for its second Vision Fund. "While we don't comment on fundraising, much of the Wall Street Journal's reporting on investor sentiment is misleading and even inaccurate," a SoftBank spokesperson told Business Insider in an email.
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