{"id":625657,"date":"2018-08-12T04:14:26","date_gmt":"2018-08-12T04:14:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/"},"modified":"2018-08-12T04:14:26","modified_gmt":"2018-08-12T04:14:26","slug":"ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/","title":{"rendered":"KSA\u2019s investments in Silicon Valley have an \u201cobvious potential for disaster\u201d"},"content":{"rendered":"<p><strong>US tech meets Saudi investments is an unholy alliance, says the FT:<\/strong> US tech companies accepting Saudi investments has an \u201cobvious potential for disaster\u201d thanks to the \u201cglaring contradictions\u201d in the two sides\u2019 values, Tom Braithwaite <a href=\"https:\/\/www.ft.com\/content\/7ba41150-9c75-11e8-ab77-f854c65a4465\">writes for the Financial Times<\/a>. Saudi Arabia has been quietly but steadily expanding its network of investments in Silicon Valley, while the companies on the receiving end of the cash seem to be shrugging off the risk of getting close with a regime with vastly different ideals, Braithwaite says. \u201cWhen Uber gobbled up the first investment from the PIF, women were still barred from driving in the kingdom \u2026 Given this, the embrace of investment by Silicon Valley\u2019s liberal elite might be their biggest act of hypocrisy yet.\u201d<\/p>\n<p><strong>Problems with the analysis:<\/strong> We see numerous issues with the analysis here that we cannot help but bring up. First off, US tech isn\u2019t the only one doing business with KSA, so we are forced to ask, where does the buck ultimately stop. Second, anyone following Uber and Facebook for the last year can tell you that these tech companies are far from the idyllic organizations they claim to be. So if anything, the piece ought to attack the holier than thou attitude and values of tech companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US tech meets Saudi investments is an unholy alliance, says the FT: US tech companies accepting Saudi investments has an \u201cobvious potential for disaster\u201d thanks to the \u201cglaring contradictions\u201d in the two sides\u2019 values, Tom Braithwaite writes for the Financial Times. Saudi Arabia has been quietly but steadily expanding its network of investments in Silicon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":625658,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"66cd8b0f-88fa-455f-a031-0afe9185cafb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/8\/1875.jpg","photo_position":"above","related_issue":[625634],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KSA\u2019s investments in Silicon Valley have an \u201cobvious potential for disaster\u201d - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSA\u2019s investments in Silicon Valley have an \u201cobvious potential for disaster\u201d\" \/>\n<meta property=\"og:description\" content=\"US tech meets Saudi investments is an unholy alliance, says the FT: US tech companies accepting Saudi investments has an \u201cobvious potential for disaster\u201d thanks to the \u201cglaring contradictions\u201d in the two sides\u2019 values, Tom Braithwaite writes for the Financial Times. Saudi Arabia has been quietly but steadily expanding its network of investments in Silicon [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-12T04:14:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1875.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KSA\u2019s investments in Silicon Valley have an \u201cobvious potential for disaster\u201d\",\"datePublished\":\"2018-08-12T04:14:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\"},\"wordCount\":225,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1875.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/ksas-investments-in-silicon-valley-have-an-obvious-potential-for-disaster\/\",\"name\":\"KSA\u2019s investments in Silicon Valley have an \u201cobvious potential for disaster\u201d - 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The Jordan Seed Fund will invest in early-stage startups in ICT, software solutions, education, healthcare, digital content, manufacturing, renewable energy, agriculture, big data, and fintech, according to\u2026","rel":"","context":"In &quot;SPEED ROUND: INVESTMENT WATCH&quot;","block_context":{"text":"SPEED ROUND: INVESTMENT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/511.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556261,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/construction-tech-outfit-elmawkaa-and-mobile-security-startup-magiccube-close-rounds\/","url_meta":{"origin":625657,"position":4},"title":"Construction tech outfit Elmawkaa and mobile security startup MagicCube close rounds","author":"enterpriseam admin","date":"18 October 2021","format":false,"excerpt":"Egyptian construction tech startup Elmawkaa has raised an undisclosed USD six-figure sum in a seed round led by Flat6Labs, with the participation of a group of Saudi investors from the OQAL Angel Investors network, the startup said in an emailed statement (pdf). 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Dutch company Adyen NV went public in June of\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/66.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=625657"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625657\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625634"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/625658"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625657"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625657"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}