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Imagine if a VC putting in "one red cent" meant that the founders and employees in a new company couldn't capture any of the returns themselves... Why should t

Imagine if a VC putting in "one red cent" meant that the founders and employees in a new company couldn't capture any of the returns themselves... Why should the government be different than other investors here? Putting in money != doing the work. You have to have the funding, but you also have to have the work, and money alone doesn't guarantee success.

fphhotchips 4y ago
Your analogy fails because it's not the people doing work in science that are capturing the returns. It's a bunch of rent-seeking publishers whose entire business model is extortion. This is more like if a VC funded you, but Google said they wouldn't render your page in Chrome unless people paid them for access, and also you aren't allowed to take payment.