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Sources say Masayoshi Son's profit-sharing plan for Vision Fund employees is contributing to a stream of defections, because it is based primarily on seniority

Ever since billionaire investor Masayoshi Son set up the giant Vision Fund in 2017 to provide backing for technology startups … Tweets: @gilliantan and @pelstrom Tweets: Gillian Tan / @gilliantan : SoftBank Vision Fund is preparing to make the first distribution of profits to employees in December. But it's approach to compensation (specifically, carry) has contributed to a stream of defections. For @BW with @pashakun & @turnergs ⬇️ https://www.bloomberg.com/... Peter Elstrom / @pelstrom : Detailed look at what is behind the defections at Softbank's Vision Fund via @pashakun @turnergs @GillianTan https://www.bloomberg.com/... via @BW

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  • @pelstrom Peter Elstrom on x
    Detailed look at what is behind the defections at Softbank's Vision Fund via @pashakun @turnergs @GillianTan https://www.bloomberg.com/... via @BW
  • @gilliantan Gillian Tan on x
    SoftBank Vision Fund is preparing to make the first distribution of profits to employees in December. But it's approach to compensation (specifically, carry) has contributed to a stream of defections. For @BW with @pashakun & @turnergs ⬇️ https://www.bloomberg.com/...