Re:America's Seed Fund: Up to $1.5M for Zero Equity
by Alex3917 on Sunday April 14, 2019 @03:45PM
(#19661276)
> Why should our taxes be handed out for risky business endeavors with no direct public benefit, when the private sector already has the means to handle this?
The private sector's way to handle risky businesses is just to not fund them at all, or else to fund them in exchange for a huge percentage of equity. Both of those result in a net loss for society, so I don't really see how this is something the private sector even addresses let alone well.
The private sector's way to handle risky businesses is just to not fund them at all, or else to fund them in exchange for a huge percentage of equity. Both of those result in a net loss for society, so I don't really see how this is something the private sector even addresses let alone well.