Prince Alwaleed, AlMana, Li, Abdulla & Reynolds on Venture Firms and a New Era of Resilience

LAB 5 "HOW ARE VENTURE FIRMS PREPARING FOR A NEW ERA OF RESILIENCE?" took place at the King Abdulaziz International Conference Center in Riyadh on October 29, 2024, during the 8th Edition of Future Investment Initiative. #FII8 The venture capital world is rethinking its approach as investors, facing economic uncertainty, prioritize sustainable growth and profitability over aggressive expansion. In 2023, venture capital funding dropped significantly, with mega-deals in AI accounting for a large portion of the $140 billion invested. Will this more measured, long-term approach bring lasting changes to the venture capital landscape and create a more resilient model for both investors and startups? SPEAKERS: H.R.H. Khaled bin Alwaleed bin Talal Al Saud, Founder & CEO, KBW Ventures Hussain Abdulla, Partner, Golden Gate Ventures Bader S. AlMana, Deputy CIO & Head of Direct Investments, Sanabil Investments Dr. Eric Li, Chairman, Chengwei Capital Meghan Reynolds, Head of Capital Formation & Talent, Altimeter Capital MODERATOR: Fatima Z. Daoui, Anchor, Al Arabiya News Channel