3min chapter

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Saudi Arabia discloses LP positions & SEC charges Frank founder with fraud | E1713

This Week in Startups

CHAPTER

The Rise of Venture Capitalists in the Middle East

Reddit co-founder and friend of the podcast, Alexis Ohanian did a masterclass call on building your startup. The number of venture capital firms raising money plummeted 40% from 2021 to 2022. Why is this happening right now? Well, Saudi Arabia is obviously on a charm offensive on a PR campaign to get business in Saudi Arabia that is outside of oil. And so we're seeing changes in the Middle East region when it comes to human rights.

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