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The VC buying up prized real estate in SF says not to “listen to agitators”

  • VC Neil Mehta, co-founder of Greenoaks Capital, is defending his recent building purchases in San Francisco's Fillmore Street commercial district.
  • Mehta claims that the acquisitions are aimed at revitalizing the city and are not driven by financial gains.
  • He states that the purchases are made through a real estate fund backed by a nonprofit, to which he has donated $100 million.
  • Mehta assures that he has no financial interest in the properties and any proceeds will be reinvested in the community.

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