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Managing partner Jeffrey Housenbold to depart SoftBank

Jan 15, 2021 - Axios.com

SoftBank managing partner Jeffrey Housenbold announced internally on Friday afternoon he will be leaving in July, the company confirmed to Axios.

Why it matters: Housenbold, who joined roughly four years ago, is one of the leaders of SoftBank's ambitious Vision Fund, leading investments in 17 companies. He is currently on the boards of companies like DoorDash, Compass, Katerra, Rappi and Memphis Meats. SoftBank's $600 million stake in DoorDash has grown in value to $13.3 billion, while it...