Y
Hacker News
new
|
ask
|
show
|
jobs
by
maxerickson
4400 days ago
I guess it's just a pet peeve of mine when people call a private, profitable financial arrangement a subsidy.
I complain about the usage for cell phones too.
1 comments
ceejayoz
4400 days ago
Both situations involve someone with money taking a bet on a currently non-profitable venture hoping it'll pay off in the future. SpaceX wasn't profitable when Musk put money in.
link