> So it falls to the government to try and kickstart something.
why should it fall to the gov't? They're one of the worst funders of startups imho.
In these scenarios, the gov't isn't funding the business via equity, but grants - aka free money. This makes all the wrong incentives. Taxpayers don't feel the loss (not truly, like a private investor would), if the startup fails.
why should it fall to the gov't? They're one of the worst funders of startups imho.
In these scenarios, the gov't isn't funding the business via equity, but grants - aka free money. This makes all the wrong incentives. Taxpayers don't feel the loss (not truly, like a private investor would), if the startup fails.