Port: Another face plant for North Dakota’s Wonder Fund
North Dakota’s Wonder Fund — once pitched as a bold strategy for homegrown economic growth — is drawing sharp scrutiny as two of its high-profile investments falter. A lawsuit claims one company, HerdDogg, only maintained a token presence in the state, while another, Grand Forks–based Thread, has stopped paying rent and taken its website offline despite receiving millions in public support. As local officials unwind leases and launch collections, calls are growing for clearer oversight, real performance metrics, and a better accounting of how taxpayer dollars are being invested. Rob Port with InForum has the full story.
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