What Drove SoftBank’s Vision Fund Up Is Dragging It Down

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What Drove SoftBank’s Vision Fund Up Is Dragging It Down
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The bungled IPO of WeWork’s parent is the first big blow to SoftBank’s Vision Fund

Investors’ sudden skepticism toward pricey, profitless tech companies is threatening SoftBank Group Corp.’s Vision Fund, which may take a hit on some of its high-profile investments.

The bungled initial public offering of WeWork’s parent, We Co., is the first big blow to the fund. Executives of the shared-office-space provider and investment...

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