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by happyopossum 459 days ago
> compete with private companies on the free market

It’s not a free market as soon as Gov’t start using text dollars. It’s also. It competition when one entity has zero risk and endless capital to spend on a project.

If a corporation did this, they’d be accused of being anti-competitive, not fostering competition.

1 comments

Zero risk and endless capital is a more accurate description of VC than public works. No one gets voted out for investing in useless apps.