Simply optics – nothing will change
SoftBank’s Masayoshi Son skipped the major investment summit (AKA Davos in the desert) this week in Riyadh, according to CNN.
Follow the money, not the optics: Son met high-ranking Saudi officials ahead of the conference, but wisely left before it began. Crown Prince Mohammed bin Salman has invested $45 billion in the first Vision Fund, and has committed another $45 billion for Vision Fund II.
Why it matters: It will be interesting to monitor the fallout from the murder of journalist Jamal Khashoggi. Startups may give pause before accepting investment from Saudi Arabia.