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by ilbeeper 496 days ago
Great, so we only want the real high risk takers, the top gamblers,to play in the big league. Those who are so rich they no way to lose their personal comfort and are blind to the personal risk - and probably are careless about anyone's else just as well
2 comments

Don't we have that already? Bootstrapped startups with the founders money on the line typically don't play in the 'big league's till way after the founder is at risk..
> Great, so we only want the real high risk takers, the top gamblers,to play in the big league

It either takes risk of private capital or future taxpayers' taxes to create big leagues. I'd take the former over the latter.

And I prefer cold committee who measure risk and are committed to some public values. You choose silicone valley, VCs and no public healthcare. I prefer the Norwegian model.
It works great when the innovation happens elsewhere and is freely shared.