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Test Number : FSMC
Test Name : Food Service Manager Certification
Vendor Name : Food
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Food course outline

The CEO of SoftBank's stricken tech fund outlines his pandemic investment plan | FSMC exam Questions and exam Questions

Rajeev Misra, CEO of the SoftBank funding Advisers.

SoftBank

Rajeev Misra, the manager executive of the giant SoftBank imaginative and prescient Fund, has revealed the three main areas he is trying to make investments all over the coronavirus pandemic. 

Armed with billions of greenbacks, Misra advised the digital Founders discussion board tech conference on Thursday that the imaginative and prescient Fund is on the hunt for birth-united statesspecializing in food beginning, digital healthcare, and virtual getting to know.

the former Deutsche bank govt noted these quickly-altering segments are the place the vision Fund has been "placing dollars to work" right through the closing few months.

"The rate of technological exchange that become already there has simply long gone more quick," observed Misra. "We're attempting to assess new alterations in human conduct."

food beginning

On food delivery, Misra noted he's not just interested in backing birth-u.s.a.that bring takeaways from eating places to people's buildings. He believes that "the manner they eat" is essentially changing and he talked about the vision Fund is interested in the "complete stack" when it comes to food start.

"The total meals ecosystem, now not simply providing food however, providing groceries, cooking the food in (dark) kitchens, is going to exchange," he pointed out.

darkish kitchens prepare meals away from restaurant premises in particular for takeaways. "or not it's about converting parking a whole lot into kitchens," Misra talked about.

The imaginative and prescient Fund is the biggest shareholder in food start organizations DoorDash and UberEats. it's additionally "heavily invested" in a chinese food birth company called Ele.me, which is owned by using Alibaba. 

virtual getting to know

one more big exchange that the SoftBank vision Fund has followed pertains to online training.

"There we've some investments like Zuoyebang," mentioned Misra, regarding the on-line tutoring business that SoftBank reportedly pumped $750 million into on the end of June.

"training is extraordinarily critical for society," stated Misra, adding that it will possibly help to handle wealth disparity.

Healthcare

lifestyles science companies and digital healthcare agencies are additionally of interest to the imaginative and prescient Fund, Misra spoke of.

Drug discovery, which usually takes a very long time and contains billions of bucks, is being accelerated through resourceful birth-ups, he said, earlier than including that on-line consultations and artificial intelligence-powered very own medical professional apps had been surging under lockdowns.

"One in 10 americans participate in a virtual visit," talked about Misra. "it really is going to move up."

Misra brought up that lots of "general illnesses" don't should be considered through a physician. "Of path there's a placebo and a psychological have an effect on of seeing a doctor, but the digital influence on healthcare as an business, which is in all probability the biggest part of the GDP in the U.S. will get more cost-effective with sooner drug discovery, vaccines, etcetera."

The SoftBank vision Fund, a tech investment automobile owned by the SoftBank community, become announced with the aid of SoftBank CEO Masayoshi Son in 2017. At $a hundred billion, it changed into a few orders of magnitude better than some other tech funding fund together with these of Silicon Valley heavyweights like Sequoia and Andreessen Horowitz.

In July 2019, SoftBank greatly surprised tech investors once again when it introduced plans to create a $108 billion "imaginative and prescient Fund II" to invest in AI. The way forward for imaginative and prescient Fund II hangs within the balance after the first imaginative and prescient Fund posted a listing loss of $18 billion in can also.

In complete, the SoftBank imaginative and prescient Fund has backed round ninety groups using each Fund I and Fund II. 


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