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A comment on Alibaba acquires Berlin-based data Artisans for $103M. Parent comment

Re:Alibaba acquires Berlin-based data Artisans for $103M by kavalg on Tuesday January 08, 2019 @06:29AM (#18854822)
150 billion i still a good amount of money. The problem with EU funding is in the objectives:

- Vaguely defined, so they open a lot of room for lobbying and corruption

- It is hard to align them to a startup agenda and the administrative overhead is often prohibitive

I wish it was more like a venture fund, but one that doesn't take equity.

Just my two cents.

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Re:Alibaba acquires Berlin-based data Artisans for $103M by oblio on Tuesday January 08, 2019 @08:34AM (#18855374)
Those goals are vaguely defined because they're a compromise. The EU generally works by consensus, they're trying to herd 28 (soon to be 27) cats.
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Re:Alibaba acquires Berlin-based data Artisans for $103M by rapsey on Tuesday January 08, 2019 @07:13AM (#18854973)
And it is a legal liability as you can quickly get investigated for misspending the funds.
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