Feld Thoughts

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Mexican Food and Entrepreneurship for Lunch in Dubai

Feld Thoughts

Since then I ended up at a venture capital firm in Dubai called BECO Capital. They then spent the next two hours answering questions that I had about Dubai, its history, entrepreneurship in the region, and the geopolitical dynamics with other UAE states, Saudi Arabia, Kuwait, and Iran.

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1985: Oil Prices Will Go Up Forever

Feld Thoughts

In December, 1985, Saudi Arabia flooded the market for oil and by the end of 1986 the price of a barrel of oil was around $10. I didn’t work at Petcom that summer. Their phones stopped ringing. Customers went out of business right and left.