On: UK virtual reality firm Improbable raises $500M

[peterjlee]

I think that's more of a branding thing. Telecom is just one of the things SoftBank does and it just happens to be more visible to consumers. Berkshire owns Geico but you wouldn't call Berkshire a insurance company.

[genericpseudo → peterjlee]

Totally would :-)

They're an insurance company which monetizes through operating businesses rather than the traditional model of bancassurance.