1) Why's VC relevant? I have no faith in govt. That's based on observation, not my career. 2) The commutes are long b/c people have to live far from work b/c of housing. Addressing commutes is like breaking someone's heater, then offering warmer clothes instead of fixing heater.
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Transit policy is also affordable housing policy. Building high-throughout or more efficient forms of transit unlocks availiability of land (or potential density of land), which affects land costs per unit and what ultimately pencils in terms of total housing + transpo costs.
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To be fair, there are major issues with project delivery in the Bay Area, and without reform there’s a real danger that this $100bn will be wasted on variations of the Transbay Transit Center debacle. Organization before electronics before concrete, and all that.
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So participate in the process and hold it accountable, don’t just junk it.
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I would be genuinely curious to read a list of VCs who take public transit to work. Even of the ones who work in SF, I get the sense it's not many
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VC: I'm going to make 100 small bets, 99 will go to zero, and one will 300x. An expected value of 3x on the whole portfolio. Govt: I'm going to make 1 huge bet, it's almost certainly going to return pennies or maybe dimes on the dollar, and then I'll just raise taxes and repeat.
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But he doesn't take public transit so how would it help him.
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I take BART and caltrain frequently, so what you said is not true.
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