The following is a 3 message exchange between 2 users
If a company cannot break even or make a profit, their business model has failed and they don't need to stay in business.
@9FS6TV37mos7MO
Some companies are doing fundamental research or are too niche to be profitable yet their products can be vital for the respective fields they conduct business in.
Yes, and those companies deserve a chance to prove their thesis and get the initial R&D turned into real products and services. This is why the BDC markets exist, and I have no concerns with the government providing R&D funding through the NSF and other channels. But a city giving economic incentives at the expense of their own tax base is doing their citizens a disservice. I'd prefer that the market be allowed to pick the winners rather than a city council doing it on the backs of their taxpayers.
