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Key to the VC for the people is money for investment, while universal basic income is for consumption.
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buncha kids forego work, live on UBI and code ’til they can dazzle with a prototype. investment or consumption?
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I think IRR on "people" investments ~ DARPA projects, IRR on "cities" closer to VC. Univs somewhere btwn.
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in terms of value-capture surface area nations>cities>univs>businesses. Hence IRR diffs for same project.
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