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Well John Carmack spent 10 good years on Armadillo Aerospace and eventually went back to his day job, so I'm still comfortable viewing certain enterprises by pe
by 6stringmerc 11y ago
Well John Carmack spent 10 good years on Armadillo Aerospace and eventually went back to his day job, so I'm still comfortable viewing certain enterprises by people with means as being 'hobbies' as a general term, insofar as if they wake up one morning and decide to do something else, they still have money, a home, and other opportunities. The IRS has some pretty interesting perspectives on 'hobbies' as well, as I've discovered over time.
- mikeash 11y agoI'd have no problem calling Armadillo a hobby company, they never had any paying customers (I think) and never produced anything of practical value. Not that there's anything wrong with that. I'd personally say SpaceX fit that category through the Falcon 1 days, but moved past it once they moved to the Falcon 9. YMMV.