20 years before WeWork, SoftBank raised a massive fund and plowed money into 14 startups. 7 collapsed in the aftermath of the dot-com meltdown, and the fund returned pennies on the dollar.

SoftBank raised more than $1 billion for SoftBank Capital Partners in July 1999 to make late-stage investments in promising tech companies.

January 15, 2020   |   View Online »

20 years before WeWork, SoftBank raised a massive fund and plowed money into 14 startups. 7 collapsed in the aftermath of the dot-com meltdown, and the fund returned pennies on the dollar. Bani Sapra,Dakin Campbell | SoftBank raised more than $1 billion for SoftBank Capital Partners in July 1999 to make late-stage investments in promising tech companies. Read More »

Jamie Dimon makes renewed pitch for JPMorgan to be valued like a subscription service — and it shows how Wall Street is trying to echo Big Tech Dakin Campbell | Dimon made the comments on a conference call with journalists on Tuesday after the bank reported fourth-quarter earnings that topped expectations. Read More »

Wells Fargo takes a $166 million wealth-tech hit as new management rethinks big projects Rebecca Ungarino | The item marked the second-straight quarter of a technology project-related expense that came out to north of $100 million. Read More »

JPMorgan wants to create a dashboard for customers to pick and choose data that third-party apps access, as banks get more territorial about sharing information with fintechs Dan DeFrancesco,Dakin Campbell | Jennifer Piepszak, JPMorgan's CFO, said apps will only access customer data through JPMorgan's own APIs because it is the "most secure way to do it." Read More »

Small-business lender Fundbox just hired its first CFO. The former VC explains why the startup was overdue for a finance chief. Shannen Balogh | Thinking about an eventual public debut, the startup just hired growth investor Marten Abrahamsen to get the company ready. Read More »

Fidelity's RIA head explains where he thinks the business fits into a fast-growing industry being reshaped by mergers and breakaway advisers Rebecca Ungarino | The firm's RIA segment head explains how Fidelity is billing itself to an independent advisory market that's growing in size and sophistication. Read More »

Visa's CEO hinted at the need to address 'concerns' Wall Street has about buzzy fintech Plaid, which the payment giant is set to acquire for $5.3 billion Dan DeFrancesco | Al Kelly, Visa's chairman and CEO, mentioned the payments giant intends to respond to issues raised by some Wall Street firms about the startup. Read More »

Here's exactly how to tell if you work at a toxic company that doesn't care about you Rachel Premack,Weng Cheong | Many people feel underappreciated at work, but these key signs may indicate it's time to find another job. Read More »

A former Google exec asks job candidates to tell their life story so she can identify their core values. Here's what she does — and doesn't — want to hear. Shana Lebowitz,Weng Cheong | Former Google executive Lexi Reese says a job candidate's values could be more important than their technical skills. Read More »

Wealthy mothers and fathers are outsourcing basic parenting, spending thousands on everything from playroom consultants to bike-riding tutorials Alisa Wolfson | Parents are spending big bucks on snack-time consultants and sports companions to make sure their kids are expertly cared. Read More »

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