Re:Things to know about raising debt for startups
by b20000 on Thursday April 21, 2022 @01:31AM
(#31106281)
i doubt that components for consumer electronics can be made cheap enough manufacturing them in the US. you just never are going to be able to make a TV for $150 in the US. it’s a pipe dream made up by politicians.
and why the great lakes? pollute the beautiful nature in minnesota and surroundings?
also, VCs just follow trends and don’t understand many industries. no VC or angel funding does not mean anything.
Re:Things to know about raising debt for startups
by duped on Thursday April 21, 2022 @09:28AM
(#31109099)
Cheap power and plentiful freshwater supply that can be utilized renewably (fabs don't capture water like say, agriculture).
There are multiple fabs in the US today making components for consumer electronics as well as multiple fabs under construction. Government incentives are a major factor in choosing sites for these projects, we know we need more of them domestically, and know we can make a buck off them for the taxpayer.
A better use of public money is funding industries with high capital requirements for straight equity. I'd rather we build fabs for Intel and AMD in the Great Lakes region with federal money in exchange for stock where the returns can go to pensions.