Saudi prince opens wallet, buys $300m slice of Twitter. Should Twitter fear Saudi prince? Saudi Prince Alwaleed Bin Talal's investment group purchased a $300 million stake in Twitter Saudi Prince Alwaleed bin Talal invests $300 million in Twitter sharesDouglas Rushkoff: Investment will not inhibit Twitter's democratizing influenceHe says the prince is doing what investors do everywhere: buying shares to make moneyRushkoff: Corporations allow investors to put money in without exercising control Editor's note: Douglas Rushkoff, who writes regularly for CNN.com, is a media theorist and the author of "Program or Be Programmed: Ten Commands for a Digital Age" and "Life Inc: How Corporatism Conquered the World and How We Can Take it Back.
" (CNN) -- The social media universe has been aghast this week after the revelation that Prince Alwaleed bin Talal of Saudi Arabia has invested $300 million in Twitter. Why would the king's nephew be investing in the medium of his family's enemy? The answer, most simply, is for the money. Arab prince buys Twitter stake; recoils from Arab Spring. Saudi Prince Buys $300 Million Stake in Twitter.