SoftBank executive Ronald Fisher is stepping down as head of U.S. investment operations, per an internal memo sent Friday and obtained by Axios.
Why it matters: Fisher has been with SoftBank for a whopping 27 years, spanning through the dot-com boom, Great Recession and unicorns startup eras. During that time, SoftBank grew into the U.S. venture capital market's 800-pound gorilla, changing how the industry operated.