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Is there something wrong with betting based on a calculated risk? VCs do it all the time, why can't a government do it?
by jbay808 7y ago
Is there something wrong with betting based on a calculated risk?
VCs do it all the time, why can't a government do it?
- raxxorrax 7y agoVCs are able to swallow the result of a failure. The government probably can too, but not the city itself. Not saying this strategy is bad, but it will inevitably end up like deserted coal cities if the industry is too mono-cultural.