>That is not a grant or initial state funding. That is ownership. There are very few examples, especially prior to Trump, of government ownership/stakes of public companies.
Maybe not in the US (although Musk getting state subsidies comes to mind), but very common in Europe. Quite a few founder friends of mine have gotten started with state funding (through various R&D promoting agencies). Angel investing is not the only startup funding structure out there
Maybe not in the US (although Musk getting state subsidies comes to mind), but very common in Europe. Quite a few founder friends of mine have gotten started with state funding (through various R&D promoting agencies). Angel investing is not the only startup funding structure out there