Comment by poslathian

It’s super debatable whether or not DARPA has done more for creating enterprise value in the US tech sector than sand hill.

At the least, without darpa the whole Bay Area machine would not exist today, so it’s at least necessary if not sufficient.

Not just darpa but nih, nsf, doe, onr, arl, nasa, and the national labs are definitively necessary causal dependencies on of every company and industry driving US national pride and all of the most valuable companies.

Even if the firm never takes a grant, their talent, supply chain, and component pipelines all depend on these grantor agencies thoughtfully allocating taxpayer capital at the national level.