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A good example of why companies should avoid taking government money if they can: even if the government doesn't impose a lot of restrictions on you upfront, th
by pg 15y ago
A good example of why companies should avoid taking government money if they can: even if the government doesn't impose a lot of restrictions on you upfront, the press will retroactively.
- tomjen3 15y agoDoes it matter? I mean sure some people will hate you but properly not enough to lynch you. I would it imagine it would be worse for a start-up to be unknown that to have free publicity, even if it was negative.
- pg 15y agoI don't know how much it matters, to be honest. Depends how big a distraction it is for the company. E.g. I'd guess this news story is not the last they'll hear about it. Republicans will presumably use this as a stick to beat the administration with.
- OstiaAntica 15y agopg, we need a clearer voice against these types of loan schemes. In the Fisker deal, the Qatar state put up a fraction of the U.S. govt investment, and is getting equity in return. The U.S. taxpayer has nothing but downside and is actually underwriting the risk in Fisker for the venture investment of players like Kleiner Perkins, Qatar, and Palo Alto Investments. It is corrupt.