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I will just say, as a state legislator, watching other states pass bills that pass through the legislature, I know Governor Newsom and Governor Polis both had bills ... on the reining in the corporate practice of medicine a little bit and making sure that private equity isn't taking over a lot of that.

Maybe like putting Medicare for 55, lowering the age, or taxing carried interest for private equity.

And is it going to be venture capitalists or private equity, Bill Gates, or is it going to be your neighbors down the road?

Talks with the private equity firm are said to be at an early stage.

Private equity investor Michael Cole, the founder of Shareholder Capital LLC, has worked at the Department of Agriculture, for example.