Molly WhiteReminiscing on when I pissed off venture capitalists with an offhand remark on Crypto Critics' Corner that VCs are not good for society with a new essay about the meltdown around Silicon Valley Bank: https://newsletter.mollywhite.net/p/the-venture-capitalists-dilemma
MarcusCSC@molly0xfff they I always wonder about VC, if a government fund or incubator would yield the same results
Unlettered Peasant@mcole @molly0xfff
There are actually quite a few of them, and they vary in size and scale.
Famously, the Energy Policy Act of 2005 there was a loan program setup to fund clean energy technology development. It had a high profile failure in Solyndra, but also quite a few successes, and a default rate under 3%.
DOE still has several incubator programs (all around energy).
There are others spread across the Federal Government, though none I am aware of focused on general tech.