Why is precious taxpayer money funding high-risk, loss-making startups?
Your tax money should go into making your life better. It would appear it is instead funding the lifestyle of venture capitalists and founders of uncertain, loss-making businesses.
8 February, 2025•10 min
0
8 February, 2025•10 min
0
More in Internet
Internet
Online casinos go live in the UAE
The sudden and quiet launch of three new online gambling sites may have marked the start of a new chapter for the country.
You may also like
Internet
FabHotels pivoted to corporate travel for survival. Can it grow?
The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.
Business
Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
Internet
Happy coincidences and venture capital returns
Three portfolio exits have helped Arali Ventures return the principal sum of its small fund in about six years. This doesn’t happen too often in India’s nascent venture capital ecosystem. So what should we learn from it?