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That degree of risk-eliminating subsidy should indeed light a fire under entrepreneurship (while the gravy train can keep moving). Do you suppose the benefits
by fche 11y ago
That degree of risk-eliminating subsidy should indeed light a fire under entrepreneurship (while the gravy train can keep moving). Do you suppose the benefits are commesurate with the costs? IOW, are there enough new companies thusly incubated that become self-supporting or better?
- david_p 11y agoWhat would you say are the costs to compare to the benefits? In my opinion, it would have be extremely difficult to bootstrap our company anywhere else. As everyone knows, getting out of cash is what kills early stage companies. We go access to "free cash" (0% loans and more than 100k€ in grants) and some of our employees got paid on unemployment benefits .. I mean, how much further could you go? We survived thank to this benefits.