@webology @SnoopJ @jacob If that *is* the play, then it’s a master stroke of getting VC money to do what *we* need, not what *they* want. I just find it hard to believe that “we’ll be a loss leader so your other investments succeed” is an actual investment pitch. Or, they’re pitching a services business, which traditionally VC’s get bored with because they can’t 1000x.
@freakboy3742 @SnoopJ @jacob The US changed our R&D budgets, which are expensed and amortized, with more changes coming next year (depending on what expires, what gets renewed, and what passes, aka it's confusing AF.)
I was told that's why there was a shift in fellowship funding and other more creative ventures like this. You can use some of that tax money to reinvest but it doesn't look the same as saying everyone who builds your product is taxed (aka not taxed) as R&D.