SoftBank, the world’s biggest VC firm, is opening an office in Israel
From head of the Mossad to the biggest venture capital firm in the world: Sources inform “Globes” that Japanese investor Masayoshi Son’s SoftBank is appointing former Mossad chief Yossi Cohen as manager of its activity in Israel. SoftBank is considered the world’s leading technology fund, with huge investments in companies such as Uber, Alibaba, TikTok, and Didi. This is the second investment giant within three months to open a representative office in Israel, after Blackstone appointed Yifat Oron as a Senior Managing Director and head of its Tel Aviv office.
One of the reasons for the choice of Cohen is the fact that he is a well-known and popular figure in Israel, even though he does not have a background in investment.
Read more here – https://en.globes.co.il/en/article-exclusive-ex-mossad-chief-yossi-cohen-to-head-softbanks-israel-office-1001377596
