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by puranjay 3566 days ago
Have no knowledge of Mr. Soros' policies or public stance on issues, but I ask: why is there even a need for a separate fund for migrants?

From what I know, investors are driven by profit, not be ethnicity. If a business has potential to turn a profit, I don't think any VC would want to turn away.

At least that's how things work for some of my Indian friends in the Valley. No one has ever denied them investment because they were immigrants.

1 comments

It only makes sense from a PR stand point: Drawing attention to the far outliers at the top. On a cognitive level, we all know that migrants are people not entirely unlike ourselves, capable of a wide range emotion sand behaviors, but what the news would organically expose us to are the outliers at the bottom - rapists, terrorists, organized crime. By creating this fund, Soros is trying to steer the conversation towards the top outliers, the innovators and job creators.
I don't know anything about Soros' intentions, but there are many reasons besides PR to create a fund like this. Refugees have a complicated nationality status, which can exclude them from the global economy. A fund such as this could specialise in working around those limitations.