4 ms·
But Governments can. They are already spending billions of dollars and a major chunk of that goes wasted due to inefficiency, corruption, red-tape etc. The kind
by murukesh_s 10y ago
But Governments can. They are already spending billions of dollars and a major chunk of that goes wasted due to inefficiency, corruption, red-tape etc. The kind of stuff that big organisations like IBM or HP had that startups came and disrupted by being more efficient and nimble. Imagine if Governments can setup and run a transparent organisation like YC whose sole purpose is to promote startups in those important areas like environment conservation and clean energy without worrying about profit.
I can imagine that many startups and founders are willing to let go of their unicorn dream and jump aboard (including me).