Comment by fakedang

LoL, the Mubadala and ADIA funds are the most corrupt of them all. There's obviously the stuff that happens over the table, but there's a shit ton that happens under the table. This doesn't translate into VC and the startup world directly, but indirectly as they follow a fund of funds model with VC investing, and those VC funds don't tend to do their due diligence.

I have yet to see one direct startup investment from Mubadala do well. Compare that to a regional fund like BECO or Wamda (both composed of ex founders).