SoftBank and Alibaba: The $20 Million Bet That Became One of Technology’s Great Returns
SoftBank led a $20 million investment into Alibaba in 2000, backing a young Chinese B2B marketplace before China's consumer Internet boom was obvious.
SoftBank led a $20 million investment into Alibaba in 2000, backing a young Chinese B2B marketplace before China's consumer Internet boom was obvious.
Webvan raised hundreds of millions of dollars and built automated grocery infrastructure at national scale before proving that online grocery orders could support the capital intensity.
Boo.com raised and spent more than $100 million trying to build a global online fashion retailer, but technical complexity, international expansion, and heavy marketing exhausted its runway.
Amazon survived its earliest years by moving from Bezos family capital to angels, Kleiner Perkins venture funding, and finally public markets.