Re:Arecibo Observatory Collapsed
by Wowfunhappy on Tuesday December 01, 2020 @11:51AM
(#25266898)
I think skuhn put this nicely up-thread. There were both successes and misses, and investing is all about taking risks with the understanding not all of them will pan out. Apparently the program was profitable on net.
Yeah, it was a little bit. [1]
[1] https://www.theatlantic.com/politics/archive/2015/08/solyndr...
When it closed up shop, people were blaming China, again, for stealing American technology, and putting another good American company out of business.
But from your description, it sounds like Solyndra was a scam to part investors and the American government, with their money.