Quote:
Originally Posted by Bassnut
The gov does need to provide support though, which is sadly lacking, unlike in the US for instance which has Venture Capitalists willing to take a risk.
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Governments are not noted for their ability to pick winners (although they are pretty good at creating losers.) At best they will create an environment conducive to start-ups with reasonable tax treatment of speculative investments and employee stock options.
Cheers,
Rick.