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Re:Startup America -- Dead on Arrival by stretchwithme on Tuesday February 08, 2011 @07:28PM (#2195595)
The last thing startups need is help from the government.

Innovation is an iterative process involving understanding needs, what people will pay for and what technology can do.

It involves real risk for the innovator and ultimately the customer decides success.

Many things government does hide the true costs of some things and this leads to distortions and products and services that may work in the distorted environment, but won't sell abroad.

Truly successful products don't need "help" getting started, help that often stays in place for decades. All this sort of help does is bleed resources away from things that just might be viable if non-viable technologies had to compete on a level playing field.

For example, the electric car. Can't make it on its own without lots of subsidies. Its too early. Someday batteries will be there and it will win, but its a waste of resources now to put it on life support.

If government decides who gets investment, entrepreneurs will be replaced by lobbyists. I can't see how thats good for America.

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