SoftBank's plans for second mega-fund hit by WeWork woes

SoftBank's plans for second mega-fund hit by WeWork woes

Photographer: Kiyoshi Ota/Bloomberg

SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and sliding valuations of other major investments, according to two people familiar with the situation.