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The PPP Omnibus: Eminent Domain, Fraud, and Fintech

a16z Podcast

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Navigating PPP Challenges and Fraud

This chapter examines the obstacles faced during the disbursement of funds under the Paycheck Protection Program (PPP), particularly the inefficiencies in the distribution process for small businesses. It highlights the rise of fraudulent activities amidst the urgency of fund allocation and critiques the disparate treatment of businesses based on their banking relationships. The discussion also emphasizes the importance of accurate data for assessing the program's effectiveness and proposes measures to improve transparency and accountability.

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