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by closeparen 2026 days ago
Sure, democratize capital. Then it will be decided by a few thousand voters in swing states, with “who are you and why should you get to decide” problems that put VC to shame.

A lot of VC capital is democratized: an elected official appointed a pension fund manager who decided to allocate some funds to a particular VC firm.

1 comments

Who said anything about swing states, and how is an opaque political appointment a democratic way to decide anything?