Alex Immerman(@aleximm):NYC taxpayers are effectively short snowstorms, heat waves and federal funding cuts. The city just adopted a $126B budget. When these risks break the wrong way, taxpayers absorb the variance. Prediction markets could turn some of those budget surprises into priced, hedgeable risk.

Alex Immerman

@aleximm

Software is eating the world, but I’m eating @saltandstraw. My initials were AI before it was cool. GP @a16z growth fund.

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Alex Immerman@aleximm

2026.08.06 17:06

NYC taxpayers are effectively short snowstorms, heat waves and federal funding cuts. The city just adopted a $126B budget. When these risks break the wrong way, taxpayers absorb the variance. Prediction markets could turn some of those budget surprises into priced, hedgeable risk.