3 ms·
I mean the gold standard of business funding is state funding, a state's department of economic development is incentivized/mandated to create large sustainable
by Spivak 3y ago
I mean the gold standard of business funding is state funding, a state's department of economic development is incentivized/mandated to create large sustainable businesses that bring in outside income and provide lots of jobs, they come with very few strings, they have an extremely long horizon, they have connections to state universities if you need r&d, and the loans are usually "no recourse."
There's a reason the line for these loans is a mile long. A middle grounds between anarchy and centrally planned economy does exist.