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That's my favorite conspiracy theory. That VCs own the property and are fine with channeling their fund's money (which isn't all or even mostly theirs) into ren
by Gargoyle 8y ago
That's my favorite conspiracy theory. That VCs own the property and are fine with channeling their fund's money (which isn't all or even mostly theirs) into rent.
Disclaimer- I don't really believe it's that simple.
- monocasa 8y agoI've seen some of that in Boulder at least. The VCs here will "strongly recommend" that you rent their office space.
- gnarcoregrizz 8y agoHaha, no, it's definitely not that simple, but it is a fun conspiracy theory. It's really to highlight the "wealth funnels up" effect which happens in a very broad and indirect way
- jimbofisher1 8y agoWhy is this a conspiracy theory? VCs are very wealthy and at least in theory financially savvy so they probably have a diversified portfolio of investments, some of which is definitely real estate. Seems obvious to me.