Tech investor disagrees with 'failure' prediction for Mamdani's grocery stores
Venture capitalist David Friedberg predicts New York City's subsidized grocery stores will succeed initially. These government-backed stores will offer significant discounts, drawing large customer numbers. Friedberg warns of long-term economic strains and taxpayer burdens from these initiatives. Industry leaders criticize the plan, questioning its viability against private grocers. Critics also…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Elon Musk is not pleased with Mamdani's grocery stores idea, calls him 'a thief' timesofindia.indiatimes.com
