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softbank's futuristic vision fund takes on the real (estate) world

softbank's futuristic vision fund takes on the real (estate) world Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



softbank's futuristic vision fund takes on the real (estate) world

in the last two months michael marks has turned down a dozen offers to make keynote speeches at conferences. his company, construction startup katerra, is three years old, but the attention surge is very recent. “construction technology has gotten kinda buzzy,” he says.that may be. but more likely, interest in katerra has spiked because in january, the company landed an astounding $867 million in venture funding led by the softbank vision fund. a deal of that size, led by the venture industry’s most talked-about fund, will put a company on the map overnight. marks had been planning to raise around $500 million, but in a pattern that’s become familiar, once softbank got involved, everything got bigger.the softbank vision fund—a sour...