Saudi Arabia discloses LP positions & SEC charges Frank founder with fraud | E1713
This Week in Startups - A podcast by Jason Calacanis
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First up, Jason touches on Saudi Arabia’s Public Investment Fund disclosing which VC firms it has made LP investments in (2:48), which leads to him pondering the human rights issues and if founders care where their money comes from (18:52). Jason caps off the show by breaking down the SEC’s charges against Frank founder Charlie Javice for allegedly closing a $175M acquisition based on over 4M fake user accounts (30:18). (0:00) Jason kicks off today’s show (2:48) Saudi Arabia discloses LP positions (8:24) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups (9:52) Why is Saudi Arabia diversifying? (17:21) Miro - Sign up for a free account at https://miro.com/startups (18:52) Founders’ thoughts on where their funding comes from (21:26) Jason’s passion for human rights (29:01) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (30:18) Frank founder charged with fraud (33:03) Be clear about your customers (34:35) Allegations against Charlie Javice (47:00) Lessons for founders (44:56) Ivy League convicts LINKS: Sanabil Investments LP Disclosure document https://www.sanabil.com/en/our-partners/ FOLLOW Jason: https://linktr.ee/calacanis Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1 FOUNDERS! Subscribe to the Founder University podcast: https://podcasts.apple.com/au/podcast/founder-university/id1648407190