Government as an Investor

Extracted Attributes

• Context

  Discussion on All-In Podcast regarding a hypothetical or future Trump Administration

• Proposed By

  Chamath Palihapitiya

• Energy Focus

  Expansion of Electricity Production, especially Nuclear Energy

• Core Principle

  Private-Public Sector Collaboration

• Policy Goal (AI)

  Rescinding Biden Administration regulations, combating 'Woke AI'

• Underlying Concern

  Cost Cutting in Government

• Strategic Reframing

  Green energy race into Energy Race with China

• Historical Reference

  Tesla's history

• Policy Goal (Crypto)

  Establishing U.S. leadership in Crypto, focusing on Stablecoins

• Associated Initiative

  Stargate Project

• Historical Role (USG)

  Major venture capitalist for innovations like the internet and freeze-dried food

• Stargate Project Focus

  AI Infrastructure

• Stargate Project Value

  $500 billion

• Historical Example (Brazil)

  Government started buying stock in corporations in early 1920s, scaled up in 1940s due to national security and lack of private capital

Timeline

• Chamath Palihapitiya proposes the concept of 'Government as an Investor' during a discussion on the All-In Podcast, referencing Tesla's history. This discussion, which includes a recap of a hypothetical or future Trump Administration's first week, highlights themes like private-public sector collaboration, the 'Energy Race with China,' and the 'Stargate Project' for AI infrastructure. (Source: All-In Podcast (document e6be837c-9f15-4c7b-94d8-c5f9a2d6c60e))

  2024-01-01

Investor

An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder.

Web Search Results

• [PDF] What is the role of Government Venture Capital for innovation-driven ...

  2015), the GovVC database does not include funds where the government is an indirect investor. This restriction is a result of limited data availability, as information on the ownership structure of hybrid funds (between private and public entities) and other recipients of fund of funds is not publicly available. A second limitation of the data is that more successful IEFs are more likely to be included, which may exclude IEFs with small angel investments or unsuccessful IEFs. For about one in [...] GovVC investors participate, Mixed VC are deals where both Government and Private VC investors take part. The Government VC investment for Israel includes investments made in Israeli companies by TDJ Pitango Ventures (a Polish GovVC entity). Source: Authors’ calculations based on Dealroom and Crunchbase. Figure 3.3 shows the share of VC deals that involve GovVC investors across OECD Member countries. Across all OECD Member countries, about 6% of deals include a government investor, but this [...] Governments tend to be somewhat more involved in high-tech sectors (see Figure 3.4). The share of deals involving GovVC in Energy, resources and sustainability, Healthcare, and Manufacturing is around 6%. In about half of these deals, GovVC makes standalone investments without Private VCs involved. In other sectors, GovVC accounts for about 4% of deals, and standalone investments from GovVC are rare. Figure 3.5. Differences in sector share between Government and Private VC investors, 2000-2022

• Government as venture capitalist: worth the investment

  innovations—ranging from the internet to freeze dried food—that have reshaped civilian life in unimaginable ways. According to Leslie Berlin, a Stanford University historian, “the federal government served, in a way, as the major venture capitalist.” [...] that public investment can crowd in private investments. Importantly, the government must invest alongside private capital to be effective. [...] As novel commercial technologies have grown in importance, their visionary creators have become some of the most impactful actors on the planet. The U.S. must build strong partnerships with these startups and foster their innovations through novel GVC programs. After being the early-stage investor in Silicon Valley itself, the USG has lost its way. The U.S. must take advantage of its greatest national asset, its entrepreneurial spirit, and its moonshot ambitions. After all, for a nation intent

• Investment Policy - GFOA

  An investment policy describes the parameters for investing government funds and identifies the investment objectives, preferences or tolerance for risk, constraints on the investment portfolio, and how the investment program will be managed and monitored. The document itself serves as a communication tool for the staff, elected officials, the public, rating agencies, bondholders, and any other stakeholders on investment guidelines and priorities. An investment policy enhances the [...] GFOA recommends that all governments establish and have its governing board adopt an investment policy. The investment policy should be reviewed and updated at least annually and adhere to state law and other government policies. The policy should at a minimum address: Note: Governments should be aware that changes in state law may require more frequent reviews. References: About GFOA Contact Us Job Board [...] quality of decision making and demonstrates a commitment to the fiduciary care of public funds, making ensuring safety and managing risk of public funds and that the government can meet its liquidity requirements.

• [PDF] Government Ownership of Stock in a Corporation

  Starting in the early 1920s, Brazil's government started buying stock in corporations within the country.1 03 Just twenty short years later, Brazil's government started doing so on a very large scale and as one scholar noted, "The impetus for the creation of these [truly] national giants came from a combination of national security considerations in view of the ongoing world war and a lack of private capital for financing industrialization."1 0 4 Sound familiar? In the 1960s, this trend had [...] Consider the following examples of where this has already happened. A. American International Group, Inc. [...] 21 Id. For an opinionated view on the government's interest as shareholder, see Brian Hunt, A Timeless Lesson on Investing with the Government, THE GROWTH STOCK WIRE (Feb. 11, 2013), 5 Spring 2016 | Volume 11 | Issue: 1 Tennessee Journal of Law and Policy 59 usually is easy to measure and identify such improperly motivated financial transactions amongst shareholders; however, determining whether a particular transaction amongst shareholders only serves to effectuate the government's political

• About the Federal Investments Program - TreasuryDirect

  Federal agencies that have the proper legal authority granted by Congress can invest funds in Government Account Series (GAS) securities with the Department of the Treasury (Treasury). Treasury will review and document all new investment authority prior to initial investment activity. [...] TFM Volume I, Part 2, Chapter 4300 – Communicates the policies and procedures of Treasury about government accounts that the Secretary of the Treasury is authorized or directed by law to invest. TFM Volume I, Part 2, Chapter 4700 – Describes how agencies provide data for the Financial Report of the United States Government. ### Contact FIBB 304-480-5151 Option 3 FedInvestor@fiscal.treasury.gov [...] FedInvest is a Federal Investments Program application, owned and maintained by Fiscal Service, to be used by federal agencies for investment in GAS securities. FedInvest allows federal agencies to buy and sell securities, view account holdings, transactions, and reports, and download data. The FedInvest system is only accessible by a Refer to the FedInvest User Credentialing Requirements for detailed information. ## Guidance