Hacker News new | ask | show | jobs
by panick21_ 1654 days ago
Are you telling me everyone of the 100s of EV startups every single one of them is explicitly backed up by government?

> It means they can take risks and not just milk immediate profits for stock gains.

Given how many US companies do the same and how many companies are heavily protected in Europe I fail to see this as sufficient explanation.

1 comments

You’re really extrapolating a lot that I didn’t even come close to saying.

Sufficiently large companies are required to have a certain percent of their staff be CCP members making decisions. That also comes with money tied up in the company. That doesn’t mean every company is backed up by the government. You’re making wild straw men and getting enraged at your own argument.

Ok, so if every company has that then so what? Non of that proves that they automatically are save from bankruptcy.

And also that doesn't explain why so many initially small companies end up being successful.