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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

Perhaps this is why the Kuwait Investment Authority put $165 million into Jawbone and Saudi’s PIF put $3.5 Saudi’s PIF + UAE’s Mubadala teamed up with Japan’s SoftBank to launch a new $100 billion fund. With oil prices dropping it’s clear that the region also had to diversity assets and also bring innovation back to their doorsteps.