Venture Ecosystem

Government investment takes a new direction with Trump’s Intel stake

President Donald Trump is charting a new course for government investment in domestic companies that could have broad implications for the private sector.

This week, following Friday’s announcement that the government will take a nearly 10% stake in the struggling chipmaker Intel for $8.9 billion, Trump said he hopes to make more of such investments.

This marks a shift by the US into investing in private industry for strategic goals instead of crisis intervention. It is without precedent and potentially an opportunity for startups and other companies to court government agencies and gain influence in the name of national security.

https://pitchbook.com/news/articles/government-investment-takes-a-new-direction-with-trumps-intel-stake

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digits say it all. plus this little summary for your /qr/ convenience:

Peter Thiel's secretive forum, Dialog, is expanding, with plans to build a permanent headquarters in the D.C. suburbs and host gatherings globally.

(picrel)

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for everything.