
The Nationalization of Venture: Pentagon Bankers and the $10 Billion TikTok Toll
The Pentagon is transforming into a $200 billion private equity powerhouse, hiring Wall Street bankers to seize control of critical tech sectors. Meanwhile, the administration just pocketed an unprecedented $10 billion fee for 'brokering' the TikTok deal, raising urgent questions about state-sponsored market manipulation and the death of traditional price discovery.