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And that's just direct grants. The bigger role is, DARPA nurtures core tech in its earliest stages when commercial viability is still a decade or more off. The
by abalone 9y ago
And that's just direct grants. The bigger role is, DARPA nurtures core tech in its earliest stages when commercial viability is still a decade or more off. The "big players in SV" are picking the fruit and bringing it to market, often for nominal technology transfer fees if any. It's like passing the baton from taxpayers to VCs -- but guess who keeps most of the profit.