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Startups Need To Ask Venture Firms Where The Money Comes From

by businessinsider.com posted 10months ago 49 views
Scrutiny surrounding the Vision Fund's ties to Saudi Arabia is sparking a new conversation within Silicon Valley: Many investors argue that venture funds should be more transparent about where they get their money from. Some investors also say that entrepreneurs should start asking the funds that invest in them about the identity of their limited partners. Since journalist Jamal Khashoggi was killed inside a Saudi Arabian consulate in early October, there's been increased scrutiny surrounding SoftBank's $92 billion Vision Fund which counts Saudi Arabia's crown prince, Mohammed bin Salman, as its single largest contributor.

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