Iranians window shop at the Palladium shopping center in northern Tehran, Iran, Saturday, July 18, 2015. (AP Photo/Vahid Salemi)
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U.S. investors are at risk of getting shut out of deals in Iran while their European competitors get a head start on billions of dollars in opportunities unlocked by the lifting of international sanctions, according to Greylock Capital Management.Foreign investors and multinationals are lining up to return to Iran after last year's historic nuclear deal led to the lifting of international sanctions in January. The U.S. severed ties with Iran a year after the 1979 Islamic Revolution that toppled American ally Shah Mohammad Reza Pahlavi and led to the U.S. Embassy hostage crisis in Tehran.The entrance of U.S. institutional investors still likely two to three years away, he added.
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