Sources: Businessweek, The Detroit News
quote: Yes, indeed. 3 out of 400+ companies... man... what a dismal tracker record. I bet the private sector is doing SOOOOOO much better.
quote: Whatever. $118M is a pitiful drop in the bucket as far as government spending is concerned.
quote: Or if you're really so upset over the government's waste of your $1, I'll mail you one of mine.
quote: Do I really need to point out that we wouldn't have the Internet if not for the government backing of speculative ventures?
quote: There are *far* worse things the government could be doing with its money than funding research, development, and specuilative new technologies.
quote: If a failed tech venture is the worst example of wasteful government spending you can come up with, then your perspective is completely out of whack.