few investors would touch this. It doesn't fit into any investment category that's approved.
There are infrastructure funds but they're looking for sleepy assets. Stuff like toll roads and ports that have an established operating history and are supposed to be low risk.
This is a whole different animal. It's almost infrastructure VC. I don't see how this fits in any part of the institutional world. That leaves wealthy individuals and I don't think there'd be a lot of interest there. They're looking at Berkshire and steady growth vs. an investment in speculative infrastructure. I could see $10M investments but I think it'd be hard to get people to put a big chuck of their net worth into it, which is what you need (i.e. you need a couple people putting in $1-2B). Furthermore, historically public transportation hasn't been very profitable. Realistically you probably need the state to build it.
few investors would touch this. It doesn't fit into any investment category that's approved.
There are infrastructure funds but they're looking for sleepy assets. Stuff like toll roads and ports that have an established operating history and are supposed to be low risk.
This is a whole different animal. It's almost infrastructure VC. I don't see how this fits in any part of the institutional world. That leaves wealthy individuals and I don't think there'd be a lot of interest there. They're looking at Berkshire and steady growth vs. an investment in speculative infrastructure. I could see $10M investments but I think it'd be hard to get people to put a big chuck of their net worth into it, which is what you need (i.e. you need a couple people putting in $1-2B). Furthermore, historically public transportation hasn't been very profitable. Realistically you probably need the state to build it.