Two months ago, Softbank Group's chairman Masayoshi Son said it was time to play offence again. Two days ago, the company posted a small profit at its venture capital funds, even though the group's consolidated net loss for the June quarter surprised analysts. Sanjay Anandaram, co-founder of JumpStartUp one of the earliest US-India cross border VC funds, unpacks what it could mean for startups when one of the world's largest tech investors says it's back — especially if entrepreneurs and VC investors alike haven't learnt from past mistakes