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Unfortunately, it does concern you because public pension funds are investing in venture capital funds. If the pension funds lose money, you are going to be on the hook to make up the difference as a taxpayer.



In that case, everything impacts me and every argument I engage in should be a life or death argument.

In reality, it's not worth my time to argue if my taxes go up 25c per year or only go up 10c per year. Just writing this short comment has cost me more in dollars-per-hour than the difference in public pension fund taxes would.


Their are plenty of cities with massive unfunded pension liabilities that are causing services to be cut, less policemen hired, less firefighters, larger classroom sizes, and/or much higher property taxes.


And I'm sure there are more complex factors that go into that than MoviePass going out of business?

I'm not against arguing about things I can't control (check my comment history or just ask dang) but it's purely entertainment. If you or I want to affect change in that regard, MoviePass or even the VCs who fund it is the exact opposite of where that argument needs to start.


And I'm pretty sure the VC model takes failures into account.


I’m sure they thought the same thing in 1999...




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