While totally true, there are systemic issues here. Any individual worker has little choice of what to do with their investments for retirement unless they get into taking tons of time and energy to be activist investors or go out of their way to avoid the path of least resistance and invest in unusual ways.
Point is: it's not like workers are all supportive of the VC decisions or anything. It's the concentrated power of the people who manage all the funds that matters, and not the fact that a bunch of otherwise disconnected individual workers have put their money in.
Of course, stuff like openinvest.co seem at least a good direction…
Point is: it's not like workers are all supportive of the VC decisions or anything. It's the concentrated power of the people who manage all the funds that matters, and not the fact that a bunch of otherwise disconnected individual workers have put their money in.
Of course, stuff like openinvest.co seem at least a good direction…