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The original comment was snarky but it does raise a point. It sounds like they're specifically targeting foreigners (English language, don't have to be a Chile
by flatline 16y ago
The original comment was snarky but it does raise a point. It sounds like they're specifically targeting foreigners (English language, don't have to be a Chilean native), so they must be betting that the increased exposure and business opportunities from this will offset the potential for money to flow out of country. Unfortunately, South American history favors outflow more than increased opportunity. Then again, the startup world will undoubtedly be better for this sort of thing than investment by large multinationals and political cronies.
- ataggart 16y agoIt was not my intention to be snarky. I was genuinely surprised at the placid response. My sense has been that entrepreneurs take pride in creating something of value, finding others that are willing to invest their own capital to bring the idea to full fruition. That notion seemed at odds with the sort of unalloyed rent seeking described on the linked site.
- deleted 16y ago[deleted]
- leag 16y agoas a chilean I don't like very much the idea, here we have to figth the banks for funding, and the state gives away tax money
- davidw 16y agoIt seems to me that it's sort of a 'picking winners' approach, in that someone in Chile is picking companies to give money to. More broad based approaches that simply make taxes/bureaucracy/financing etc... easier for everyone are something I would see as more favorable in some ways. That said, it doesn't seem like a great deal of money, and in terms of a "publicity stunt", it certainly seems to be effective.