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Some of your points make sense but some don’t. Pension funds in the US don’t invest in startups. Also founders of most American tech companies had a pretty comf
by throwaway250 6y ago
Some of your points make sense but some don’t. Pension funds in the US don’t invest in startups. Also founders of most American tech companies had a pretty comfortable upbringing. Most founders like Mark Zuckerberg or Travis Kalanick come from well-to-do families. So comfortable life doesn’t explain the risk aversion of Europeans.
- refurb 6y agoCALPERS the pension fund for CA govt workers certainly invests in venture capital, which invests in start ups. https://www.calpers.ca.gov/page/investments/asset-classes/private-equity https://www.calpers.ca.gov/page/investments/asset-classes/pr...