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Getting acquired by the government should be a startup exit option – EU example

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Re: Getting acquired by the government should be a startup exit option – EU example

#4
post #2

The anti-monopoly office should certainly look into these cases...

How do you mean?

I mean that we strive to reduce monopolization by the means of anti-monopoly offices/agencies. States are huge monopolies - some things can't be managed by smaller independent entities, but if it's possible it's what should be done. The state is running the anti-monopoly offices so it obviously wouldn't prevent itself from acquiring a company, but it should do so.

Re: Getting acquired by the government should be a startup exit option – EU example

#5
> has to date funded almost 600 startups from a range of industries including cryptocurrency, ....

Why is government funding cryptocurrencies? Given the the whole idea of cryptocurrecies is lack of human supervision, including government one, I don't think they should be giving them any money.

Re: Getting acquired by the government should be a startup exit option – EU example

#6
post #4

Earlier quoted context omitted.

How do you mean?

I mean that we strive to reduce monopolization by the means of anti-monopoly offices/agencies. States are huge monopolies - some things can't be managed by smaller independent entities, but if it's possible it's what should be done. The state is running the anti-monopoly offices so it obviously wouldn't prevent itself from acquiring a company, but it should do so.

Interesting - I meant it more for key technologies in which the state doesn't even have a presence e.g. cloud. The principle is inspired from public utilities e.g. energy or water services (sometimes bought/acquired/publicized by the state).

It's a long way to say that maybe monopoly rules don't apply here :). What do you think?

Re: Getting acquired by the government should be a startup exit option – EU example

#7
post #5

> has to date funded almost 600 startups from a range of industries including cryptocurrency, .... Why is government funding cryptocurrencies? Given the the whole idea of cryptocurrecies is lack of human supervision, including government one, I don't think they should be giving them any money.

That was a public-private vehicle so I guess the technology part was more pronounced :)