Re:Former NSA chief Keith Alexander has joined Amazon’s boar...
by Hokusai on Thursday September 10, 2020 @08:52AM
(#24431833)
> I could never see that system working here because bureaucracy slows everything down and forces corporations to do things like care for employees and pay taxes.
Again, you are getting it the other way around. Taxes to invest in education and Development and Research and high qualified citizens is what allows innovation and good companies.
What I meant was that they were startups at one point.
I could have given other examples but there are so many that it's hard to decide. Dropbox, Reddit, imgur just to name a few. This site should know plenty of VC fueled startups.
The point was not which startups to name as examples, the point was that lack of regulations make this whole VC system go around.
I could never see that system working here because bureaucracy slows everything down and forces corporations to do things like care for employees and pay taxes.
But with that said, recent news shows that Sweden has given tax exemptions to Facebook and Amazon just like everyone else. To curry their favor. It's frankly disgusting.