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> the government should take an ownership percentage in return for its funding But wouldn't that create a big conflict of interest? WidgetCorp is 10% owned by
by biztos 5y ago
> the government should take an ownership percentage in return for its funding
But wouldn't that create a big conflict of interest?
WidgetCorp is 10% owned by the Feds, InterWidget is not. Who gets the contract for those $6M widgets in the new fighter jet?
- Swenrekcah 5y agoI have every confidence that the people picking contractors won't let a 10% stake owned by the federal government cloud their judgement. If the stake was owned by any of the relevant institutions then that might play a role, since it could contribute in some way to the institution's budget perhaps. But it's an interesting idea. If the government were to take a percentage in return for funding, there could be an explicit goal of getting out of the position with X times return in less than Y years. X might not have to be particularly large, the goal would only be to cover losses and inflation.