Saudi VC Fund Hires From Google to Help Build Tech Unicorns

Via Matthew Martin in bloomberg.com : One of the Middle East’s largest venture capital funds hired Ivan Jakovljevic from Google Inc. to help transform its portfolio of start-ups into so-called unicorns. Jakovljevic will join Saudi Arabia’s STV — which backed Dubai-based ride-hailing firm Careem Inc. before its sale to Uber Technologies Inc. — as chief development officer next month, the company said in a statement. He was previously head of new markets for Google in the Middle East and North Africa.





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