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Re:Obama-Endorsed VC Program Promises 6,000 New Startups by mymex1 on Thursday February 17, 2011 @12:02PM (#2231674)
Either way government money flows to VC's doesn't it? How would this be any different than say a pension fund who receives government money and invests that in a VC fund? It seems like this would almost be an American sovereign wealth fund, sort of like Singapore and the Temasek Holdings company. It's better that the money go to startups and innovation rather than buying more sub-prime mortgage securities.

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