this post was submitted on 07 Mar 2024
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General Discussion

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[–] JustZ@lemmy.world -1 points 8 months ago* (last edited 8 months ago) (1 children)

My state hired a bunch of rich people to run a hedge fund. They're making us a ton of money.

Could you imagine if your state owned like 10%, Facebook, Google or something?

[–] FontMasterFlex@lemmy.world 1 points 8 months ago (1 children)

States shouldn't be gambling with tax money, IMO.

[–] JustZ@lemmy.world 1 points 8 months ago

I'm not sure how they funded it to start, but it's self-sustaining now. I assume the legislature treated the seed money as a loss.