8 ms·
It hasn't exactly worked out for XCOR or Virgin Galactic, what will Blue Origin's edge be?
by Jach 8y ago
It hasn't exactly worked out for XCOR or Virgin Galactic, what will Blue Origin's edge be?
- ISL 8y agoA huge reserve of capital and the long-term vision necessary to do every piece right.
- melling 8y agoXCOR filed for bankruptcy. That’s not profitable. Virgin Galactic isn’t a profitable company either. They could be, of course. My point was that you can start with a small company with a well-defined goal and product then continue to grow the vision, as long as you remain profitable.
- Jach 8y agoYeah I don't disagree here, my point was that Blue Origin's particular goal and product bootstrapping from space tourism has already been tried and more or less failed. Whereas Musk's/SpaceX's goal is to get a Mars colony going, they started with something different than space tourism and it seems to be working out.
- melling 8y agoVirgin Galactic hasn’t failed yet. Someone was killed so they’ve been extremely cautious. Bezos is a good business person. It’s quite possible he’ll run thin margins and grow the business.