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Well that's just an extreme case. I don't mean subsidies but actual investment in R&D. But most VC companies won't invest in something for the long term. Do yo
by dangoldin 18y ago
Well that's just an extreme case. I don't mean subsidies but actual investment in R&D.
But most VC companies won't invest in something for the long term. Do you think any VC company would have invested in a company trying to get into space in the 1960s?
- byrneseyeview 18y agoYou should probably have known what you were talking about before you said that. Space-related stocks did incredibly well during the 1960's. Some of them -- satellite companies -- did, in fact, get into space.
- dangoldin 18y agoHmm I did not know that but thanks for letting me know. Well let me rephrase my question. Would those private companies have been so successful if the government did not allocated funding for space research or focus on it's own space program? I don't know the answer but I think they'd be related.
- dangoldin 18y agoMaybe I can modify my initial point to state that once the government shows a long term interest in an industry companies will be more prone to enter it.