As with most other gambles, greater risk entails greater reward. Reduced risk (read: more comfortable safety net) means more competitors, a more diluted market

As with most other gambles, greater risk entails greater reward. Reduced risk (read: more comfortable safety net) means more competitors, a more diluted market for startups, and a lower payoff to fewer successes. Convesely, Google rose from America in precisely the quasi-starving artist mentality that makes a startup riskier with a less comfortable safety net. I agree.