Re:Silicon Valley’s ‘unicorns’ have regulators worried
by tim333 on Sunday April 03, 2016 @05:22AM
(#11415502)
The problem is:
"Public pension funds—the state-run investment pools responsible for the retirement benefits of nearly 20 million Americans—have quietly been funding the recent boom in venture capital."
Then when it eventually turns out the unicorns aren't worth all those billions it will be your pension money burnt. At least when things float you get a reasonable estimate of their actual value.
"Public pension funds—the state-run investment pools responsible for the retirement benefits of nearly 20 million Americans—have quietly been funding the recent boom in venture capital."
Then when it eventually turns out the unicorns aren't worth all those billions it will be your pension money burnt. At least when things float you get a reasonable estimate of their actual value.
http://www.bloomberg.com/news/articles/2014-09-23/are-public...