alt Hacker NewsPrivate Equity does fund R&D.. mostly the D(evelopment) part. Most R&D, both in the US and China, is not fundamental/basic research.
Private Equity does fund R&D.. mostly the D(evelopment) part. Most R&D, both in the US and China, is not fundamental/basic research.
Product development is one of the first things PE cuts when they get their hands on a company. It's a form of investment and vulture capital hates all investment because their goal is to extract short term profits.
The ones really funding research are VCs, governments and founders taking bank loans.