> It was VC money, that's money intentionally being gambled in high risk endeavors.
The high risk endeavor does not have anything to do with the bank where you deposit the money raised. Here, it does not matter if the source of money is a VC or another.
This is a foolish take, because it ignores the thousands of workers who distinctly aren't high rollers. It's hard for me to see the moral difference between 'public workers pension fund' and 'workers trying to feed their families, who happen to work at a startup'
I also work at a startup. I have for much of my career.
I said in my OP that my view is that the startups themselves should be bailed out, saving jobs like yours and mine. The VCs should then forfeit their shares to the US govt, to be sold later, to offset the costs of the bailout.
The high risk endeavor does not have anything to do with the bank where you deposit the money raised. Here, it does not matter if the source of money is a VC or another.