logoalt Hacker News

cyberaxyesterday at 9:39 PM5 repliesview on HN

Just remember, the US Na-Ion battery startup died last year with _products_ _in_ _warehouses_ just because it couldn't get a UL certification. All it needed was a bridge loan.

And the government did nothing.


Replies

trynumber9yesterday at 10:12 PM

>And the government did nothing.

Why didn't a private investment company, even venture capital, extend them a bridge loan? It seems like the type of technology that could have decent returns in licensing fees.

I ask this question because it seems odd to someone in the software world so flooded with startups that the government would be expected to intercede on behalf of a startup.

show 4 replies
btheunissenyesterday at 9:51 PM

Starting to think that the American century of humiliation meme was prophetic.

iugtmkbdfil834yesterday at 9:56 PM

One could argue that in that case, doing nothing was very much a choice.

show 1 reply
greesiltoday at 5:34 AM

Which company?

simmerupyesterday at 10:32 PM

Think not,'what can my country do for me?', but, 'How can I further enrich Trump'