As Saudi Arabia keeps spending, a history of IP theft, Trump's aggressive stance, and newly empowered CFIUS are decimating China's US tech startup investments (Theodore Schleifer/Vox)


Mohammed bin Salman knows how to command an audience.

One year ago, the charismatic 32-year-old heir to the Saudi throne had four of Silicon Valley’s biggest celebrity investors — Sam Altman, Marc Andreessen, Peter Thiel, and Vinod Khosla — seated couchside around him discussing potential “partnerships” with his country as he invited the foursome to visit the kingdom.

There he was, in photos pushed by his handlers, sans thobe, walking the grounds of Apple Park with Tim Cook and getting an intimate tour of the Steve Jobs Theater. A snapshot later, he’s strolling with Sergey Brin. Then with Bill Gates. All smiles.

Apple CEO Tim Cook was one of many Silicon Valley leaders to greet Mohammed bin Salman with open arms in April 2018. Bandar Algaloud/Anadolu Agency/Getty Images

The stars he attracted and doors he opened were hardly surprising. Silicon Valley had spent the past decade-plus taking money from people like the Saudi prince, better known by his initials, MBS. After all, who would turn down a meeting with a man who had unleashed billions of dollars into their industry?

Altman and Andreessen would join an advisory board to help build Saudi’s $500 billion city of the future.