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Posted on: July 18, 2016, 12:33 p.m.
In mid-June, a delegation of Saudi Arabia officials hosted a dinner at San Francisco’s Fairmont Hotel to court venture capitalists including Marc Andreessen and Michael Moritz. Deputy Crown Prince Mohammed bin Salman indicated his kingdom aimed to do more Silicon Valley deals like the $3.5 billion investment in Uber Technologies Inc. announced two weeks earlier. Full investment news article