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Comment on Macron Secures €5B Investment to Boost French Tech Startups

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Not sure how smart it is for insurance and pensions companies to invest their endowment and policy funds in startups.

It's actually pretty smart, especially if, for example, an insurance industry incumbent invests in a promising insure-tech business to further bolster their own future position in the industry.

They can use their own money to invest in those and they do, not policy funds.

Depends on the mix of other investments they have.

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