You do understand the difference between VC money and government money right?
As a citizen of the EU I care greatly when governments spend money that for one they do not have, therefore saddling me and everyone else with more debt,and two when that money is spent not in the most efficient manner but given to the established players who can fill forms the proper way as highlighted in the numerous comments above yours.
If a VC like Softbank blows 100B on a bad investment It doesn't affect me but when its my hard earned tax money that could have been spent on other things, then it matters very greatly.
As a citizen of the EU I care greatly when governments spend money that for one they do not have, therefore saddling me and everyone else with more debt,and two when that money is spent not in the most efficient manner but given to the established players who can fill forms the proper way as highlighted in the numerous comments above yours.
If a VC like Softbank blows 100B on a bad investment It doesn't affect me but when its my hard earned tax money that could have been spent on other things, then it matters very greatly.