Silicon Valley investors build $300B cash pile in startup funding crunch

Re:Silicon Valley investors build $300B cash pile in startup... by scrollaway on Tuesday January 30, 2024 @05:43PM (#39196967)

This money is likely already taxed, albeit to a lower rate than usual as most of it is coming from capital gains which caps out at 20% in the USA.

Let's talk real numbers instead of wishy-washy platitudes.

Nov. 2023: https://home.treasury.gov/news/featured-stories/infrastructu...

This page confirms a 1.2 TRILLION dollar investment into US infrastructure. That's 4 times higher than even if you were to take all that SV money at gunpoint and invest it into infrastructure.

I don't want to defend the "cash pile". The crunch is real, and it sucks, but unless it is hoarded for years to come, it still moves a hell of a lot faster than public money, on much lower numbers overall. And innovation money (which a lot of this cash pile would go towards) tends to benefit the entire world, not just the US.

I don't see how your magic-wand suggestion would benefit anyone any faster, honestly.

[ Parent | on HN ]

Re:Silicon Valley investors build $300B cash pile in startup... by Certhas on Thursday February 01, 2024 @04:00AM (#39214003)

Over what timeframe?

Also you conveniently neglect to cite the part of your link where it says that this 1.2 Trillion brings spending levels back to where they were in the mid 2010s, and still way below historical rates.

[ Parent | on HN ]