Saudi VC fund hires from google to help build tech unicorns


Jakovljevic will join Saudi Arabia’s STV as chief development officer next month. — Bloomberg

One of the Middle East’s largest venture capital funds hired Ivan Jakovljevic from Google Inc to help transform its portfolio of start-ups into so-called unicorns.

Jakovljevic will join Saudi Arabia’s STV – which backed Dubai-based ride-hailing firm Careem Inc before its sale to Uber Technologies Inc – as chief development officer next month, the company said in a statement. He was previously head of new markets for Google in the Middle East and North Africa.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Saudi Arabia

   

Next In Tech News

German police swoop on Nigerian dating scammers
74-year-old US woman charged in armed robbery of credit union was scam victim, family says
In which country do people spend the most time on screens?
How streaming is boosting esports
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Cisco says hackers subverted its security devices to spy on governments
Disappointing Meta forecast pulls down tech peers in extended trade
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
Meta shares sink on higher AI spending, light revenue forecast

Others Also Read