Saudi Prince Goes On The Record About $300M Twitter Investment [VIDEO]
Late last year, Prince Alwaleed bin Talal, the Saudi Arabian businessman and the founder and CEO of Kingdom Holding, invested $300 million in Twitter. And he spoke to CNN this week about why he chose Twitter to add to his growing portfolio of tech companies.
As Alwaleed explains to CNN, he’s not new to the tech scene. his company was an early investor in Apple, Amazon and eBay, among other top tech companies.
He says that Kingdom Holding chose Twitter because they believe it will be around for the long-haul:
“We don’t believe we came in at the early stage, but clearly we don’t believe we came in at the plateau stage.
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