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Re:Moderna CEO made $400M last year–2,435x the median salary... by mrguyorama on Friday August 18, 2023 @02:26PM (#37179998)
>mostly real private capital at risk

It absolutely was not! It was billions of public funding for a public health emergency.

Re:Moderna CEO made $400M last year–2,435x the median salary... by benjaminwootton on Friday August 18, 2023 @02:29PM (#37180042)
As described in peer comments, mRNA was a platform developed in the decade prior with over $3 billion of private risk capital. The government came in to help them get the Covid vaccine to market using that existing platform.