Threading the needle: A peek at Paul Judge’s plans for Softbank’s Open Opportunity Fund
Paul Judge outlines plans for SoftBank’s Open Opportunity Fund, which seeks to raise $150 million for a second fund and broaden backing for minority entrepreneurs and startups. As co-owner and chairman, Judge aims to invest in at least 70 companies over three years, while inviting founders to submit directly through an open online forum. The first fund invested in 75 companies and has recorded seven exits.
May 2023 · TechCrunchNews article
Threading the needle: A peek at Paul Judge’s plans for SoftBank’s Open Opportunity Fund
Paul Judge co-leads SoftBank’s rebranded Open Opportunity Fund, which aims to broaden access to capital for minority entrepreneurs and startups. Its second fund has a $150 million target, and Judge plans to invest in at least 70 companies over three years. The first fund invested in 75 companies and has recorded seven exits, with five portfolio companies reaching unicorn status.
