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A comment on We have socialised the risk of innovation but privatised the rewards. Parent comment

Re:We have socialised the risk of innovation but privatised ... by tsotha on Monday March 09, 2015 @02:13AM (#9169452)
Of the three, I think private investment would have done better than the first two. Even DARPA is notable for a handful of home runs that may have been just luck.
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Re:We have socialised the risk of innovation but privatised ... by Fede_V on Monday March 09, 2015 @11:00AM (#9171252)
You realize that is exactly the model of VC? :) You bet on a lot of very long shots, but the few mega successes pay off sufficiently to make it all worth it.
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Re:We have socialised the risk of innovation but privatised ... by tsotha on Monday March 09, 2015 @07:52PM (#9174950)
Right. Are VC's normally using public money?
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Re:We have socialised the risk of innovation but privatised ... by robotresearcher on Monday March 09, 2015 @01:04PM (#9172144)
But since the first two actually did it, it's up to you to convince me of that.

For bonus points, try to do your job today without making use of federally-bootstrapped technology.

edit: also, Fede_V's sibling comment is spot-on.

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Re:We have socialised the risk of innovation but privatised ... by tsotha on Monday March 09, 2015 @07:54PM (#9174959)
>But since the first two actually did it...

Did what?

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