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German government puts up $165 million to start Google competitor

9 点作者 jcwentz将近 18 年前

7 条评论

pg将近 18 年前
This and Quaero will serve as valuable lessons for the governments that sponsored them. You can compete with Boeing this way, but not with startups.<p>I admit I'm kind of surprised they still need this lesson. You'd think they'd have already learned this from the British government's attempt to set up ICL as a competitor to the Google of its era, IBM, in 1968. Never heard of ICL? Exactly.
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staunch将近 18 年前
Sad really that so much money will go to waste. There are some amazing hacker entrepreneurs in Germany -- many of them move to the US. Giving 165 teams $1m would have resulted in at least one billion dollar company (and probably more like 20) even with incompetent decision-making.
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ivankirigin将近 18 年前
This is perhaps the exact opposite of barebones seed funding.
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gibsonf1将近 18 年前
Wow, this could be as successful as Airbus's biggest plane :)
Tichy将近 18 年前
News like that make me hate paying taxes so much :-(
lkozma将近 18 年前
This will give a new meaning to the expression "design by committee".
adnam将近 18 年前
A $165 million kiss of death