Saudi Arabia discloses LP positions & SEC charges Frank founder with fraud | E1713
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
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FOUNDERS! Subscribe to the Founder University podcast:
https://podcasts.apple.com/au/podcast/founder-university/id1648407190
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