Rajeev Mishra to step down from top executive role at SoftBank

Rajeev Mishrawho runs softbank The giant venture-investment arm of Groupe Corp will step down from its role to run a new external investment organization, according to the company’s memorandum.

Mr. Misra joined SoftBank in 2014 and helped transform it into the world’s largest and most controversial technology investor. with an unmatched $100 billion to spend and a choke internal culture Which led to poor investment decisions, it was almost single-handedly responsible for driving up valuations in Silicon Valley and beyond.