5 Best SPACs to Buy According to SoftBank’s Masayoshi Son

In this article, we discuss the 5 best SPACs to buy according to SoftBank’s Masayoshi Son. If you want to read our detailed analysis of Son’s history, and hedge fund performance, go directly to the 10 Best SPACs to Buy According to SoftBank’s Masayoshi Son.

5. Khosla Ventures Acquisition Co. (NASDAQ: KVSA)

Khosla Ventures Acquisition Co. (NASDAQ: KVSA) is placed fifth on our list of 10 best SPACs to buy according to SoftBank’s Masayoshi Son. It is a special purpose acquisition company based in California. The firm went public in March 2021, raising more than $345 million from the initial public offering. It concentrates on mergers with companies working in the technology sector  in the United States that differentiate themselves from the competition through proprietary technology. The CEO of the firm is Samir Kaul. 

Khosla Ventures Acquisition Co. (NASDAQ: KVSA) has a market capitalization of over $449 million. It has signed a definitive agreement for a merger with Valo Health, a Boston-based startup that uses machine learning to enhance the drug development process. Value Health is valued at close to $3 billion. 

At the end of the first quarter of 2021, SB Management owned 3 million shares in Khosla Ventures Acquisition Co. (NASDAQ: KVSA) worth $30.2 million. This represented 0.19% of the investment portfolio of SB Management.