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Jeffrey Housenbold. Photo: Amy E. Price/Getty Images for SXSW

SoftBank managing partner Jeffrey Housenbold announced internally on Friday afternoon he will be leaving in July, the company confirmed to Axios.

Why it matters: Housenbold, who joined roughly four years ago, is one of the leaders of SoftBank's ambitious Vision Fund, leading investments in 17 companies. He is currently on the boards of companies like DoorDash, Compass, Katerra, Rappi and Memphis Meats.

  • SoftBank's $600 million stake in DoorDash has grown in value to $13.3 billion, while its $450 million investment in OpenDoor (whose board Housenbold left last month) is now worth $2.1 billion, according to a source familiar with the firm's financials.

From Rajeev Misra, CEO of SoftBank Investment Advisers/Vision Funds:

Jeff has been an exceptional investor, a trusted advisor to our companies, a strategic thought leader, and a champion of diversity and inclusion. I’d like to thank him for his many significant contributions, and I wish him all the best on his next endeavor. 

Editor's note: The story has been updated with additional information.

Go deeper

Updated 3 hours ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: CDC director says number of U.S. Omicron cases "likely to rise" — Two years of COVID-19 — Prior coronavirus infections may not protect well against Omicron.
  2. Vaccines: Data demonstrates most-vaccinated counties less vulnerable to worst of COVID — Omicron adds urgency to vaccinating world — Omicron fuels the case for COVID boosters.
  3. Politics: Nevada to impose insurance surcharge on unvaccinated state workers — New Jersey GOP lawmakers defy statehouse COVID policy — Oklahoma sues Biden administration over Pentagon vaccine mandate.
  4. World: Vaccine mandates lose steam in the U.S. while Europe doubles downWHO: Delta health measures help fight Omicron — COVID cases surge in South Africa in sign Omicron wave is coming.
  5. Variant tracker: Where different strains are spreading.

Vulnerable Democrats: Less Trump talk

Illustration: Aïda Amer/Axios

Vulnerable House Democrats are convinced they need to talk less about the man who helped them get elected: President Trump.

Why it matters: Democrats are privately concerned nationalizing the 2022 mid-terms with emotionally-charged issues — from Critical Race Theory to Donald Trump's role in the Jan. 6 insurrection — will hamstring their ability to sell the local benefits of President Biden's Build Back Better agenda.

Updated 4 hours ago - Politics & Policy

Bipartisan tributes flood in for "giant of the Senate" Bob Dole

Then-Vice President Joe Biden and former Sen. Bob Dole at an event put on by the World Food Program at which he was awarded the first “McGovern-Dole Leadership Award” in December 2013. Photo: Douglas Graham/CQ Roll Call

Republican and Democratic politicians, including former Senate colleagues, are sharing condolences and memories commemorating the life of Bob Dole, who passed away at 98 on Sunday morning.

The big picture: Dole, the Republican presidential nominee in 1996, was the longest-serving Republican leader in the Senate until 2018, when current Senate Minority Leader Mitch McConnell surpassed his record.