3volver@lemmy.world to General Discussion@lemmy.world · 7 months agoDoes this plan make sense? v2lemmy.worldimagemessage-square380fedilinkarrow-up11.1Karrow-down1105
arrow-up1994arrow-down1imageDoes this plan make sense? v2lemmy.world3volver@lemmy.world to General Discussion@lemmy.world · 7 months agomessage-square380fedilink
minus-square【J】【u】【s】【t】【Z】@lemmy.worldlinkfedilinkarrow-up1arrow-down2·edit-27 months agoMy state hired a bunch of rich people to run a hedge fund. They’re making us a ton of money. Could you imagine if your state owned like 10%, Facebook, Google or something?
minus-squareFontMasterFlex@lemmy.worldlinkfedilinkEnglisharrow-up1·7 months agoStates shouldn’t be gambling with tax money, IMO.
minus-square【J】【u】【s】【t】【Z】@lemmy.worldlinkfedilinkarrow-up1·7 months agoI’m not sure how they funded it to start, but it’s self-sustaining now. I assume the legislature treated the seed money as a loss.
My state hired a bunch of rich people to run a hedge fund. They’re making us a ton of money.
Could you imagine if your state owned like 10%, Facebook, Google or something?
States shouldn’t be gambling with tax money, IMO.
I’m not sure how they funded it to start, but it’s self-sustaining now. I assume the legislature treated the seed money as a loss.