@compl4xx Yeah, if the folks handing out (our) public funds had any sense, organisations that get them would not be able to then take #VC so that what is built using them can then be enclosed. But clearly #NLNet, etc., aren’t thinking that far. So we fund things from the commons and if they fail, we shoulder the cost but if they succeed, then private capital takes the rewards and encloses it. Not great is it?

I guess I can take this response as confirmation, then?

#deltaChat

Dear @EU_Commission, I said this at the European Parliament but let me repeat it:

Public funding for tech should come with a stipulation that the organisations that take (our) public funds should not then be able to take venture capital (VC) and have private capital enclose what is built with that public funding.

Context: Delta Chat (@delta), which has received public funding from multiple #EU funds, #NLNet, etc. is reportedly now considering a VC offer.

#DeltaChat #EU #VentureCapital #VC