A343 Outline Introduction 1. Dramatic incident, statistic, or quote to introduce the issue of foreclosure. 2. An introduction of your topic 3. Thesis statement in which you preview what you are going to say about foreclosure. Body I. What are the facts? A. Define Foreclosure B. Synthesize the process for foreclosing upon a home. C. Compare and contrast statistics amongst the states with the highest instances versus the lowest instances of foreclosure D. Include an actual story of foreclosure as an example. II. Why do some states experience more instances of foreclosure than others? A. What are the leading reasons for foreclosure in the states with the highest instances? B. What are the reasons for the low rate of foreclosure in the states with low occurrences? III. Long term versus Short term effects of foreclosure A. What are the short term effects of foreclosure in a region? B. What are the long term effects of foreclosure on a region? IV. What can be done to minimize future instances of foreclosure? A. Prevention B. Prevention C. Prevention Conclusion I. Summarize main points II. Offer some parting advice to reduce future instances of foreclosure. · ECH Saudi Push for Tech Deals Stirs Silicon Valley Debate Investment of $3.5 billion in Uber prompts discussion among venture-capitalists, entrepreneurs ENLARGE Saudi Arabia Deputy Crown Prince Mohammed bin Salman, center, met with venture capitalists in San Francisco last month. PHOTO: BADER AL ASAKER By  DOUGLAS MACMILLAN and MARGHERITA STANCATI July 17, 2016 6:18 p.m. ET In mid-June, a delegation of Saudi Arabian officials hosted a dinner at San Francisco’s Fairmont Hotel to court venture capitalists including Marc Andreessen and Michael Moritz. In addition to discussing tech trends, Deputy Crown Prince Mohammed bin Salman indicated his kingdom aimed to do more Silicon Valley deals like the $3.5 billion investment in Uber Technologies Inc. announced two weeks earlier, according to a person who attended the dinner. As Saudi Arabia and its oil-rich sovereign-wealth fund prepare to become bigger players in tech deal making, Silicon Valley insiders are weighing the consequences. Technology investors like to tout the social benefits of the companies they support. But the industry often overlooks investors’ own principles and beliefs, focusing more on their investment record and size of their checks. To some venture capitalists and founders, Uber’s agreement with Saudi Arabia represented its tacit endorsement of that government. Saudi Arabia is the only country in the world where women aren’t allowed to drive, and one of several countries where homosexuality is illegal. “It would not have been a choice I would have made if I were them,” Wesley Chan, a partner at venture-capital firm Felicis Ventures, said of Uber. ENLARGE Mr. Chan, who is gay, said he wouldn’t accept money from Saudi Arabia or any other investors whose values he didn’t agree with. “We want to make money for folks who are to.

1. A343 Outline
Introduction
1. Dramatic incident, statistic, or quote to introduce the issue of
foreclosure.
2. An introduction of your topic
3. Thesis statement in which you preview what you are going to
say about foreclosure.
Body
I. What are the facts?
A. Define Foreclosure
B. Synthesize the process for foreclosing upon a home.
C. Compare and contrast statistics amongst the states with the
highest instances versus the lowest instances of foreclosure
D. Include an actual story of foreclosure as an example.
II. Why do some states experience more instances of foreclosure
than others?
A. What are the leading reasons for foreclosure in the states
with the highest instances?
B. What are the reasons for the low rate of foreclosure in the
states with low occurrences?
III. Long term versus Short term effects of foreclosure
A. What are the short term effects of foreclosure in a region?
B. What are the long term effects of foreclosure on a region?
IV. What can be done to minimize future instances of
foreclosure?
A. Prevention
B. Prevention
C. Prevention
Conclusion
I. Summarize main points
II. Offer some parting advice to reduce future instances of
foreclosure.

2. · ECH
Saudi Push for Tech Deals Stirs Silicon Valley Debate
Investment of $3.5 billion in Uber prompts discussion among
venture-capitalists, entrepreneurs
ENLARGE
Saudi Arabia Deputy Crown Prince Mohammed bin Salman,
center, met with venture capitalists in San Francisco last
month. PHOTO: BADER AL ASAKER
By
DOUGLAS MACMILLAN and MARGHERITA STANCATI
July 17, 2016 6:18 p.m. ET
In mid-June, a delegation of Saudi Arabian officials hosted a
dinner at San Francisco’s Fairmont Hotel to court venture
capitalists including Marc Andreessen and Michael Moritz.
In addition to discussing tech trends, Deputy Crown Prince
Mohammed bin Salman indicated his kingdom aimed to do more
Silicon Valley deals like the $3.5 billion investment in Uber
Technologies Inc. announced two weeks earlier, according to a
person who attended the dinner.
As Saudi Arabia and its oil-rich sovereign-wealth fund prepare
to become bigger players in tech deal making, Silicon Valley
insiders are weighing the consequences. Technology investors
like to tout the social benefits of the companies they support.
But the industry often overlooks investors’ own principles and
beliefs, focusing more on their investment record and size of
their checks.
To some venture capitalists and founders, Uber’s agreement
with Saudi Arabia represented its tacit endorsement of that
government. Saudi Arabia is the only country in the world
where women aren’t allowed to drive, and one of several
countries where homosexuality is illegal.
“It would not have been a choice I would have made if I were
them,” Wesley Chan, a partner at venture-capital firm Felicis
Ventures, said of Uber.
ENLARGE
Mr. Chan, who is gay, said he wouldn’t accept money from

3. Saudi Arabia or any other investors whose values he didn’t
agree with. “We want to make money for folks who are tolerant
and agree with our principles of diversity,” he said.
Uber executives said its decision to take the investment and to
add a Saudi official to its board isn’t an endorsement
of Saudi policies. The company and its allies say the ride-
hailing service has become a valuable tool for Saudi women,
who make up 80% of its passengers there.
Some Uber supporters also note that the U.S. and Saudi Arabia
are allies, and that other U.S. companies do business with the
government.
“Of course I and everyone on Uber’s board think women have
the right to drive!” Arianna Huffington, the media entrepreneur
and liberal commentator who became an Uber director earlier
this year, said in an email. “But absent that, Uber is at least
providing much needed mobility for women in Saudi Arabia,”
she said.
While Saudi women have benefited from the ride-hailing app,
some of them were outraged that Uber accepted the Saudi
investment. They accused the company of not just benefiting
from the driving ban but also of effectively favoring it.
After the deal was reached, an Arabic-language hashtag calling
for a boycott of Uber gained traction on Twitter in Saudi
Arabia, with some women posting pictures to show they had
deleted the company’s app from their smartphones.
Sovereign-wealth funds such as Saudi Arabia’s increasingly are
investing in tech because it is one of the few areas where they
can find a sizable investment return, said Venky Ganesan, a
venture capitalist at Menlo Ventures, an early investor in Uber.
Drawing the line on investors isn’t clear-cut. Singapore, the
most active investor in U.S. tech companies, is described by
Human Rights Watch as limiting the freedom of expression of
its citizens. Singapore’s sovereign-wealth fund, GIC Pte Ltd., is
an investor in top venture firms, including Accel Partners,
Battery Ventures and Sequoia Capital.
Qatar, whose sovereign-wealth fund backed Uber in 2014, has

4. been scrutinized over its treatment of low-paid migrant laborers.
The Saudi government plans to turn its sovereign-wealth fund
into the largest in the world, with assets eventually worth nearly
$3 trillion, and it is looking for non-oil investments abroad as
part of its Vision 2030 plan to diversify its
economy. Saudi officials are making overtures to Silicon
Valley.
Kristine Beckerle, who studies women’s rights issues in the
Middle East for Human Rights Watch, said Western technology
companies and investors have a unique opportunity to help
shape its social policies.
“For tech companies, you are in this amazing position where
you have one of the most powerful people in the kingdom
coming to meet with you,” Ms. Beckerle said. “Now is the
moment where they do have leverage.”
In addition to venture capitalists, the delegation led by the
deputy crown prince also visited with tech CEOs
including Apple Inc.’s Tim Cook, Facebook Inc.’s Mark
Zuckerberg and Microsoft Corp.’s Satya Nadella. Messrs
Andreessen and Moritz declined to comment on the VC dinner.
Adnan al-Sharqi, a senior official at Saudi Arabia’s investment
agency who participated in the U.S. trip, said the Silicon Valley
visit was aimed at inviting tech companies to invest
in Saudi Arabia. He said “the trip has opened up what will be a
sustained dialogue to discover how Silicon Valley companies
and Saudi Arabia can deepen existing partnerships.”
Under pressure from low oil prices that are hurting government
coffers, Riyadh is actively looking for investments abroad. The
agreement with Uber represents the country’s biggest such
investment since Riyadh announced its long-term plan to
overhaul the economy in April.
The Saudi government is striving to present a softer side. This
year, for instance, the royal court stripped its religious police
agency of its powers to arrest people, reducing it to an advisory
body. The group is tasked with enforcing Saudi Arabia’s strict
interpretation of Islam.

5. U.S. venture capitalists and tech entrepreneurs in
interviews were divided on whether they would accept money
from Saudi Arabia.
Some said the U.S. government’s dealings with
the Saudi government set a precedent that businesses can
follow. They also argue that Americans who buy gasoline are
supporting an industry that is Saudi Arabia’s biggest source of
income. Others said that by accepting
Saudi money, Uber missed an opportunity to help promote
social change.
Unlike public companies, closely held startups can choose their
investors. And in Silicon Valley, where companies often profess
to work toward a public good as well as profits, the choice of
investors can reflect the sincerity of that mission.
“I imagine not every entrepreneur will feel comfortable with
sovereign-wealth funds from countries with different priorities
and belief systems,” said David Pakman, a partner at New York
venture firm Venrock, who declined to comment specifically
on Uber or Saudi Arabia.
—Lukas I. Alpert contributed to this article.
Write to Douglas MacMillan at [email protected] and
Margherita Stancati at [email protected]
TOPICS: Foreign Investment Management
SUMMARY: A delegation of Saudi Arabian officials hosted a
dinner at San Francisco's Fairmont Hotel to court venture
capitalists including Marc Andreessen and Michael Moritz in
mid-June. In addition, Saudi Deputy Crown Prince Mohammed
bin Salman indicated his kingdom aimed to do more Silicon
Valley deals like the $3.5 billion investment in Uber
Technologies announced two weeks earlier. Under pressure
from low oil prices that are hurting government coffers and as
part of its Vision 2030 plan to diversify its economy, the Saudi
government plans to use its nearly $3 trillion sovereign-wealth
fund -the largest in the world- for non-oil investments including
tech making deal where they can find a sizable investment
return. The Saudi investment has already stirred a debate among

6. U.S. venture capitalists and tech entrepreneurs. Technology
investors like to publicize the social benefits of the companies
they support focusing more on their investment record and size
of their checks. But the industry often overlooks investors' own
principles and beliefs. Proponents argue U.S. government's
dealings with the Saudi government set a precedent that
businesses can follow. They also argue that Americans who buy
gasoline are supporting an industry that is Saudi Arabia's
biggest source of income. Critics argue Uber's agreement with
Saudi Arabia represented its tacit endorsement of that
government. Saudi Arabia is the only country in the world
where women are not allowed to drive, and one of several
countries where homosexuality is illegal. They say by accepting
Saudi money, Uber missed an opportunity to help promote
social change. Uber said its decision to take the investment and
to add a Saudi official to its board is not an endorsement of
Saudi policies. The company and its allies say the ride-hailing
service has become a valuable tool for Saudi women, who make
up 80% of its passengers there.
CLASSROOM APPLICATION: The article highlights that Saudi
Arabia's push for tech deals including $3.5 billion investment in
Uber is stirring Silicon Valley debate. Some said the U.S.
government's dealings with the Saudi government set a
precedent that businesses can follow. Others said that by
accepting Saudi money, Uber missed an opportunity to help
promote social change.
QUESTIONS:
1. What did Saudi Deputy Crown Prince Mohammed bin Salman
recently announce about his kingdom's goal in terms of
investment in the U.S.?
2. What is Saudi Arabia's Vision 2030 plan ?
3. What is the debate among U.S. venture capitalists and tech
entrepreneurs in regards to Saudi Arabia's investment in Silicon
Valley?

7. 4. How is Uber defending the $3.5 billion Saudi Arabia's
investment in its technologies?
6