3 ms·
Investment money and government subsidization aren't the same thing but I get the gist. Money for doing what you'd rather be doing instead of what you're curren
by coderdude 10y ago
Investment money and government subsidization aren't the same thing but I get the gist. Money for doing what you'd rather be doing instead of what you're currently doing. Sounds lame though. Too many strings attached. Most people here aren't chasing that. They just want a better adblock.
- cloudjacker 10y agobetter adblock lol! I mentioned government or organization to specifically counter the rebuttal you went straight for! Oh well, moth to a flame. A lot of VCs have very polarizing political views, or have their funds in things you or historians may not agree with, which is the same as with governments.
- bitwize 10y agoLiterally all of Silicon Valley and most of the computing research of the 20th century was built on funds the US government plowed into industry, in the hopes of developing tech that would help us nuke the Russkies while preventing them from doing the same to us.
- coderdude 10y agoSounds even more lame when you frame it like that. Are you supporting my point of view?
- hueving 10y agoI think you mean 'figuratively'. If it was literal there would have been no private industry at all, which is complete nonsense.
- delazeur 10y agoI believe the above commenter was being hyperbolic, but plenty of government money has supported private industry. That's not just defense contractors, either. Where would Silicon Valley be without ARPANET?
- hueving 10y agoThat's why I said figuratively. Some support doesn't mean the whole valley is running on government money. Where would ARPANET be without the discovery of electricity or the massive railroad expansion throughout the US that resulted in a large telegraph network? It's pretty stupid to tie the valley to one particular invention supported by the government when it depends on essentially all of history until this point.
- bitwize 10y agoThe Silicon Valley economy were established to develop radar and comms equipment for the military -- before digital computers even became the boom industry they are today. So when I say "literally all", I'm exaggerating -- but only slightly. Not every dollar in the fucktons of VC money sloshing around out there can be traced back to defense funding, but an awful lot of them can.