3 ms·
Even more succinct tl;dr: - It's a diversity problem. Too much money in the hands of white guys in suits. "I don't think there's too much money sitting aroun
by nacker 14y ago
Even more succinct tl;dr:
- It's a diversity problem. Too much money in the hands of white guys in suits.
"I don't think there's too much money sitting around. I think there's too much money in too few hands. So when six white guys in suits control two and a half billion dollars, that's not a good thing. Instead of being allocated just to one firm, it would be better if that two and a half billion dollars was allocated to 25 firms at $100 million each. It would lead to more diversity or people trying more things: data sciences, urban sciences, transportation, energy, materials science, and many others. "