{"id":37515,"date":"2011-12-19T21:54:05","date_gmt":"2011-12-19T21:54:05","guid":{"rendered":"http:\/\/rafaelfajardo.com\/portfolio\/the-investment-company-controlled-by-prince\/"},"modified":"2011-12-19T21:54:05","modified_gmt":"2011-12-19T21:54:05","slug":"the-investment-company-controlled-by-prince","status":"publish","type":"post","link":"https:\/\/rafaelfajardo.com\/portfolio\/the-investment-company-controlled-by-prince\/","title":{"rendered":""},"content":{"rendered":"<blockquote><p>The investment company controlled by Prince Alwaleed bin Talal of Saudi Arabia has agreed to acquire a \u201cstrategic stake\u201d in Twitter, worth around $300 million. Kingdom Holding also owns major investments in Apple, General Motors, News Corp., and is the largest single investor in Citigroup. The attraction of such a big investor, particularly one with ties to such major established brands, signals a healthy future for the service, which has 100 million users, but a rocky road to profitability. The company is looking to raise around $800 million at a valuation of at least $8 billion. Alwaleed is a nephew of Saudi Arabia&rsquo;s King Abdullah and was No. 26 on Forbes&rsquo; most recent list of the richest people in the world. That also makes him the richest man in the Kingdom, with a net worth around $20 billion.<\/p><\/blockquote>\n<div class='attribution'><a href=\"http:\/\/www.theatlanticwire.com\/business\/2011\/12\/saudi-prince-makes-300-million-investment-twitter\/46359\/\">Saudi Prince Makes a $300 Million Investment in Twitter &#8211; Business &#8211; The Atlantic Wire<\/a><\/p>\n<p><b>Will a spring be tweeted in Saudi Arabia?<\/b><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The investment company controlled by Prince Alwaleed bin Talal of Saudi Arabia has agreed to acquire a \u201cstrategic stake\u201d in Twitter, worth around $300 million. Kingdom Holding also owns major investments in Apple, General Motors, News Corp., and is the largest single investor in Citigroup. The attraction of such a big investor, particularly one with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[],"tags":[1539],"class_list":["post-37515","post","type-post","status-publish","format-quote","hentry","tag-emergent-digital-practices","post_format-post-format-quote"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p6PWot-9L5","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts\/37515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/comments?post=37515"}],"version-history":[{"count":0,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/posts\/37515\/revisions"}],"wp:attachment":[{"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/media?parent=37515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/categories?post=37515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rafaelfajardo.com\/portfolio\/wp-json\/wp\/v2\/tags?post=37515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}