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Well maybe because in government grants waste and fraud are the rule, while in private startups they are the exception. And it is the investors problem when a
by nickpp 6y ago
Well maybe because in government grants waste and fraud are the rule, while in private startups they are the exception.
And it is the investors problem when a startup fails, and they are aware of it. But with governments, it is OUR money squandered away by politicians and their friends.
- Apocryphon 6y ago> Well maybe because in government grants waste and fraud are the rule, while in private startups they are the exception. Are they really? What are the failure rates for both? > But with governments, it is OUR money squandered away by politicians and their friends. https://qz.com/1719019/wework-and-ubers-losses-may-be-subsidized-by-taxpayers/ https://qz.com/1719019/wework-and-ubers-losses-may-be-subsid... https://www.businessinsider.com/weworks-investors-include-pension-plans-like-union-unite-here-2019-8 https://www.businessinsider.com/weworks-investors-include-pe...