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Venture Capital

Will More Sovereign Wealth Funds Invest Directly In Startups Like Uber?

by latimes.com posted 1year ago 2442 views
Start-ups have long been the domain of venture capitalists. But with this week’s staggering $3.5-billion investment in Uber from Saudi Arabia’s Public Investment Fund, the tech world has been put on notice -- sovereign wealth funds are loaded with cash and ready to do business directly.