News for hackers. Stuff that matters.

A comment on Coinbase lays off around 1,100 employees. Parent comment

Re:Coinbase lays off around 1,100 employees by Johnny555 on Tuesday June 14, 2022 @03:55PM (#31745159)
How do high risk ideas get executed when there are no billionaires

The same way most of them do now -- through venture capital firms. Or maybe if they had more tax revenue, the US government could sponsor more speculative research and companies.

[ Parent | on HN ]
Re:Coinbase lays off around 1,100 employees by Apocryphon on Tuesday June 14, 2022 @04:31PM (#31745642)
It would be nice if there was more public funding for basic research. Why aren't the benevolent billionaires this thread is talking about paying for that?
[ Parent | on HN ]
Re:Coinbase lays off around 1,100 employees by tomcam on Wednesday June 15, 2022 @04:34AM (#31750498)
Are Microsoft, Google, and Tesla not doing basic research?
[ Parent | on HN ]
Re:Coinbase lays off around 1,100 employees by tomcam on Wednesday June 15, 2022 @04:33AM (#31750492)
Venture capital firms are often formed by… billionaires, at last check.
[ Parent | on HN ]