4 ms·

I must admit it’s never a good look when a week-old company receives a sizeable federal contract. Especially when the founders are political insiders. There co

• derefr 7y ago
  > I must admit it’s never a good look when a week-old company receives a sizeable federal contract. Especially when the founders are political insiders. I don’t see why. A politically well-connected person (previously well-known in their circles for other successful ventures) wants to help get something done; the obvious thing for them to do is to create a new company (for legal reasons, to separate it from their other ventures) and then get people to put money / contracts into it. See also: Herbert Hoover with Belgium (https://slatestarcodex.com/2020/03/17/book-review-hoover/ https://slatestarcodex.com/2020/03/17/book-review-hoover/). Which may have more parallels here than it seems.