Location is only an issue if we focus on local govts.
Who else do you see investing in an Autonomy Fund? Once the concept is proven, everyone will want in (and then there will be saturation + a bunch of crappy ones that don't vet and underperform) but I think the first ones are going to be very hard sells. My thought was that local governments' desires to build tech hubs might be used to justify the first Autonomy Fund.
The Fed can invest. Federal government has a lot of development grants. The Fed had the stimulus money ready to spend. Lots of them probably had gone to the banks or infrastructure projects to hire bodies off the street but 25M is a rounding error in the scheme of things. It's time for the Fed to invest in hi-tech.
Who else do you see investing in an Autonomy Fund? Once the concept is proven, everyone will want in (and then there will be saturation + a bunch of crappy ones that don't vet and underperform) but I think the first ones are going to be very hard sells. My thought was that local governments' desires to build tech hubs might be used to justify the first Autonomy Fund.