$1B Rejected, $3B Won | Gulf Pivots From Premier League Takeovers | Adia Backs $6.5B AI Unicorn IPO
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$1B Rejected, $3B Won | Gulf Pivots From Premier League Takeovers | Adia Backs $6.5B AI Unicorn IPO
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What would you do if someone offered you $1 billion for your six-person startup? Jordanian-American founder Amjad Masad said no—and today, Replit is worth $3 billion. In this episode, we break down his gutsy decision and Marc Andreessen's game-changing advice. Plus: dealmaker Amanda Staveley reveals why Gulf sovereign funds won't be buying more Premier League clubs (and what they're doing instead), and Abu Dhabi Investment Authority places a $65M bet on Chinese AI startup MiniMax—despite it losing half a billion dollars a year. From billion-dollar rejections to shifting investment strategies, here's everything happening in Arab business and tech.
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