@adamgreenfield
If you squint at the definition of venture capital, then the National Science Foundation, is a publicly owned Venture Capital firm.🙂🙃
VC tries to claim credit for inventing the Covid vaccine, but that's a lie. The Moderna vaccine was made possible because of high risk, low potential for success, research into mRNA vaccines. That research was paid for by an NSF grant won by a Black woman, Dr. Kizzmekia Corbett. She led the "Moderna" mRNA team.
She couldn't have raised VC.🤷🏿♂️
@mekkaokereke @adamgreenfield like tesla could not have opened a factory without a loan from Obama’s DoE or the basic structure of the internet depended on DARPA or …
There is no industrial capitalism without publicly funded R&D - back sice basic machine tools came from theUK navy yard in the 1700s