Venture capital firms have billions of bucks in their bank accounts. In just the past month, two Boston-area firms, General Catalyst Partners and Flagship Pioneering, announced that they had collected an additional $3.4 billion in fresh capital, which they plan to use to back fast-growing companies.
Could VC firms like these be players in an emergency stimulus program, pouring some of those billions into the local economy to give it a boost?
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