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I'm skeptical when people say that. Long term, this is more likely to harm science-based startup funding. If these investments don't pan out, they're more likel
by new299 12y ago
I'm skeptical when people say that. Long term, this is more likely to harm science-based startup funding. If these investments don't pan out, they're more likely to just stop funding science/basic tech startups than they are to fix their DD issues.
- brandonmenc 12y ago> Long term, this is more likely to harm science-based startup funding. Internet companies are still being funded a decade and a half after the dot com bubble wiped out orders of magnitude more wealth than this. People will not quit investing in science.
- new299 12y ago>Internet companies are still being funded a decade and a half after the dot com bubble wiped out orders of magnitude more wealth than this. Because there have been some notably successful Internet companies I would guess. But if few of the science/basic tech companies pan out (return > 10x?), it will long term harm funding in this area.