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A comment on Tech’s flight from San Francisco is a relief to some advocates. Parent comment

Re:Tech’s flight from San Francisco is a relief to some advo... by jl2718 on Monday November 30, 2020 @08:33PM (#25261252)
A. CalPers pumps a lot of money into VC (especially those most subject to local regulation). I don’t know if the latest boom would have been possible without that. B. I don’t know. Detroit is just as corrupt as ever.
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Re:Tech’s flight from San Francisco is a relief to some advo... by renewiltord on Monday November 30, 2020 @08:42PM (#25261312)
Well, you don't need to take my tax dollars to give it to CalPERS so they can put it into Private Equity to get a 10% IRR. You can just leave it with me and maybe I'll put it in there myself.
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