Meet the government-backed VC funds that are hedging on Silicon Valley

The news surfaced yesterday that Abu Dhabi Financial Group had made a sizable investment in 500 Startups- the Silicon Valley-based micro-VC that spearheaded the 'invest small, invest in plenty' thesis that shaped our outlook on pre-seed investments. Hit by scandal last year, 500 Startups manages over $400M in capital, and has invested in over 2000 … Continue reading Meet the government-backed VC funds that are hedging on Silicon Valley

This is what you can expect from the world’s largest tech fund

Over the weekend, when the world was focused on Trump's inaugural visit to the Kingdom, Saudi Arabia announced with little fanfare it had secured $93 billion of the $100 billion target, for the Vision Fund- officially making it the world's largest tech investment fund, as well as the world's largest private equity fund.