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Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by Layke1123 on Friday May 21, 2021 @02:55AM (#27231233)
Government investment seems to provide the most bang for your buck.
Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by MattGaiser on Friday May 21, 2021 @03:18AM (#27231353)
That is blamed for some of the problems with tech in Canada and anecdotally, the government money drives a lot of strange behaviour.

https://alexdanco.com/2021/01/11/why-the-canadian-tech-scene...

Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by dt5702 on Friday May 21, 2021 @03:49AM (#27231505)
Anecdata: I work at a uk startup and quite a lot of our product development has been funded by HMG. It’s worked really well for helping us work through technical challenges and has enabled us to reach product/market fit for our key products.
Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by shoo on Friday May 21, 2021 @04:22AM (#27231661)
the paper is focusing on experimentation in the context of commercial startups, but arguably more high-risk and potentially high-utility experimentation may happen in other contexts, such as universities, that tend to be largely government funded.

consider silicon valley. government allocates funding for long-term high risk research programs toward various defence objectives. this funds fundamental research in universities.

some researchers then spin off startups to develop products for defence applications -- so the government takes the risk to fund any long-term blue-sky research and then is also willing to as the first customer and provider of contracts for any startups that figure out how to industrialise/commercialise the research for defence applications (electronic warfare...).

see e.g. https://steveblank.com/secret-history/

similarly, consider the development of tcp/ip. pretty handy thing. no startup managed to capture the rights to tcp/ip and change rent to all users of the internet, so arguably from the perspective of commercial startups tcp/ip is a failure.

Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by wkrsz on Friday May 21, 2021 @03:12AM (#27231314)
Based on your personal observation or some reading? If the later, can you point me to some sources?
Re:Are Angels More Likely Than VCs to Drive Entrepreneurial ... by Layke1123 on Friday May 21, 2021 @05:29PM (#27240195)
Yes. The internet for one. Thats kind of the big one thats easy to point to. Other things like infrastructure is often over looked. The Hoover Damn provided so much power.