> Working with the US Government is a very different set of problems than VC money. Actually, performing work under contract with any customer is very differen

> Working with the US Government is a very different set of problems than VC money. Actually, performing work under contract with any customer is very different than taking VC money. With VCs, it's understood that it's a risky investment and the company that's being funded can fail before it delivers a product. With a contract, you have specific deliverables (sometimes at a fixed cost), and the other side can sue you to recover their money if you don't deliver. (Under certain circumstances, your creditors can even go after your personal assets.[1]) Also, in an SBIR, the government agency gives you funding to research and/or develop a specific thing that they need, so you can't arbitrarily "pivot" to an unrelated thing if the first thing isn't going well. [1] https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#United_States https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#Un...