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A startup I know has Chinese cofounders and it's basically a deathsentence. Investors all got spooked knowing any Chinese national has part ownership - b/c regulatory bodies are unpredictable these days
If you're in the US with owners that are US nationals the whole funding pipeline is very streamlined by the lawyer armies. If you're transnational then nobody wants to deal with that. VCs are ultimately full of very lazy people that want to have everything cookie cutter
"At times, Google has appeared to get more out of the deal than the government. Before the fighter jet purchased by Brin, Page and Schmidt was ready to start collecting atmospheric data for NASA, Google executives had already turned Moffett into their corporate airport, flying into or out of the airfield nearly 600 times, according to FAA records.
As the executives’ use of the airfield became increasingly controversial, NASA initially appears to have rejected their efforts to extend the deal beyond 2014. The space agency even explored the possibility of handing off Moffett Field to another government agency or a municipality. But members of the community and powerful Google allies in Congress intervened to lobby against such a move. In the end, NASA awarded a 60-year lease to a Google affiliate over a competing bid from a development firm that sought to open up the facility to more flights and outside tenants. "
The truth is simpler, whoever has money can get influence and power and use it until they lose it, and the outcomes we see are a result of these complex interactions of many actors with their own incentives.
[1] https://www.techtransparencyproject.org/articles/fighter-jet...
„Not paper wealth, but physical assets like land, steel, etc…“
I’m not saying I agree but the argument was that those unicorns (or behemoths) are just managing actual wealth - which is rooted in real, physical things not made up digital „money“. At least that is how I understood GP
If you don’t believe in the value of digital money, only “real, physical things”, by all means only own cars and tools, and buy your meals with gold bars.
The assets are in US banks onshore, despite the master fund being in the Cayman Islands, this reality is not only palatable to brainwashed patriots, it is also tantamount to the markets that the US created and liquidity the US succeeded in doing that 2nd place trails at.
Is it just because Capitals make things seem more Important and Ominous? As in this post, where the Elites control not just paper Assets but also the Fertilizer.
Currently the rest of the replies exist in the gamut from merely tangential to extremely obtuse misreadings, which makes me wonder to what degree LLM-driven automation is involved.
we can't have people crowding this space also
don't tell em about family offices