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A comment on Fastly S-1. Parent comment

Re:Fastly S-1 by ArtWomb on Friday April 19, 2019 @09:50AM (#19699584)
It's also interesting that the $30M figure is approx their R&D spend! Underscores the importance of offsetting those startup costs with policies that promote public-private partnerships and other subsidies for innovation ;)
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Re:Fastly S-1 by hn_throwaway_99 on Friday April 19, 2019 @09:56AM (#19699629)
Why? Fastly will make a couple people very rich, and they seem to be doing fine without subsidies. Why should public funds go toward concentrating wealth even further?
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Re:Fastly S-1 by ArtWomb on Friday April 19, 2019 @10:06AM (#19699700)
Well, tech transfer can be a slow process. Primarily because of legal formalities around indemnification, liability, etc. You also have the common scenario where many competitors are working in the same problem domains. Only to find after years of effort that they have independently arrived at eerily similar solutions!
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Re:Fastly S-1 by edmundsauto on Friday April 19, 2019 @12:47PM (#19700982)
Can you explain to me how the last sentence speaks to the need for subsidies?
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