Yes, what are the legal impediments, if any, to this? Alaska, Texas and New Mexico all have sovereign wealth funds for schools and basic income.https://twitter.com/bryce/status/1296456848061665281 …
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The Saudi’s have somewhat successfully pulled it off without adverse selection, key would be to hire an amazing manager that wants to support CA. Interesting to think that PIF has more equity in CA startups than CA.
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