I think their point about grant-getters is spot-on. Thousands of companies exist just to apply for EU grants, get them, come up with a half-assed prototype and

I think their point about grant-getters is spot-on. Thousands of companies exist just to apply for EU grants, get them, come up with a half-assed prototype and then quit the project. Unless you have connections in government in which case sometimes you can have a second and third half-assed product. Of course there are also many non-gov-funded startups. However 1) it is demoralizing to see them getting millions in handouts while you struggle to sell a product and 2) they keep many talented employees trapped in deadend-companies.