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Who's going to make the investment decisions? Civil servants? Ouch. Instead of setting up their own fund, the government should just be an LP in a good VC fu
by pg 18y ago
Who's going to make the investment decisions? Civil servants? Ouch. Instead of setting up their own fund, the government should just be an LP in a good VC fund. If they'd take the money.
- flashgordon 18y agoBut does the government have right skills to actually be a limited partner? Again it may come down to their inability to decide on the right funds to be LPs in. On the other hand if it choose to go through a fund-of-funds that may help. But are there many FoFs that actually invest purely in tech?