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Twitter / danprimack: CalPERS hasn't committed to ...
CalPERS hasn't committed to a pure venture capital fund since 2009 (Khosla) Full investment news article
Relevent to this post: California Public Employees' Retirement System
Khosla Ventures,
The Link between Pension Funds and Unprofitable On-Demand Service Startups
Given the fact that these startups’ success hinges, at least in part, on their low prices, and given that these low prices require outside funding to subsidize, are they really the sort of investments VC backed by, say, a public teachers’ pension fund, should be backing? Full investment news article
Relevent to this post: New York State Teachers' Retirement System
Andreessen Horowitz,