- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
cross-posted from: https://lemmy.cafe/post/1679861
I do wish EC pulls this off. It would great having an actual home-grown competitor to cloud providers. EU does data protection better than anyone else, this would very much be a symbiotic relationship.
The venture capital part of that is the problem. You can have public money fund startups and you tend to get the best results.
https://digital-strategy.ec.europa.eu/en/library/european-commission-launches-new-system-identifying-public-funded-innovations-disruptive-potential
https://ecorner.stanford.edu/articles/is-government-funding-good-for-your-startup/
https://www.wbur.org/onpoint/2020/02/12/economists-slow-economic-growth
https://www.inc.com/minda-zetlin/an-unusually-candid-vc-explains-why-vcs-are-a-bad-idea.html