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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 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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