I'm absolutely shocked that venture capitalists' ideas about the transit we need aren't universal.https://twitter.com/FitzTheReporter/status/1117878325744037888 …
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I guess they could put it into public transit, which generally loses money.
But our public pension funds are not making their expected returns, and so they're actually considering putting even more capital into riskier private equity investments.https://www.wsj.com/articles/calpers-gives-new-private-equity-plan-tentative-thumbs-up-11552939761 …
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