Masa Son’s First Wild Internet Ride
“Masa wants to meet with you. Can you get on a plane tomorrow?”
For many, the call to Tokyo comes out of the blue, as it did with Stefan Heck, founder and CEO of Nauto, a startup that builds AI-powered cameras to enable self-driving vehicles. Heck had been preparing for a board meeting and was reluctant to cancel it, but one of his board members told him to get going, saying, “People spend their whole lives trying to get a meeting with Masa.”
Every entrepreneur who receives money from the Vision Fund eventually sits down with the SoftBank boss. The Vision Fund’s 11 partners (based in California, London, and Tokyo) decide which entrepreneurs are ready at a weekly meeting, after months spent getting to know a company and its founders. Usually, CEOs are ushered into a large conference room atop SoftBank’s sleek Shiodome tower in Tokyo, which has expansive views of the harbor and beyond, a metaphor for how Son searches wider than almost all other venture capitalists for his investments. One of Son’s Vision Fund VCs, Jeffrey Housenbold, ex-CEO of the photo service Shutterfly, is leading an effort to build a system to track emerging startups, which he hopes will help the fund identify its next investments even faster and more efficiently.
Son is small in stature and soft-spoken. Those who know him well say he’s quick-witted and humble, with a self-deprecating sense of humor. When friends teased him about his vague resemblance to Charlie Brown, he put a Snoopy doll on his desk. One time, at an investor conference, he called himself “big mouth.” He loves the. “Yoda says, ‘Listen to the Force,’” he told an interviewer, who asked him in May 2018 how he makes his investment picks. He rarely wears suits. When Nauto CEO Heck met Son for the first time, Son was dressed in jeans and slippers. “I have seen young founders come in very apprehensive to meet Masa,” says Fisher, who is often with Son during these pitch meetings. “By the end they are talking to him about their dreams.”
