Government Quote by Joe Biden
“One role of government is to go where venture capital won't.”
About This Quote
Source Speech: Economic Policy Remarks, 2023
Government should intervene where private investors avoid risk.
In simple terms: Govt fills gaps left by venture capital.
Key Takeaway
Support ventures that lack private funding.
Themes
government
economics
risk management
Mood
pragmatic
concerned
Type
policy
economic
When to use this quote
- startup funding
- rural development
- infrastructure projects
Key Concepts
public policy
market failure
Questions to Reflect On
- How can we balance public and private risk?
- What criteria should guide government investment?
A Different Perspective
Public funds may be limited and politicized.
![“Somalis have made my city of Wilmington, Delaware, [their home] on a smaller scale. There is a large, very identifiable Somali community, i might add if you ever come to the train station with me you'll notice I have great relationships with them because there's an awful lot driving cabs and are…” quote by Joe Biden](https://sms4smile.com/quotes/img-quotes/e9a/joe-biden-454_add_somalis-have-made-my-city-of-wilmington_71546.jpg)
