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How did they do this? I cant find any such reference here, http://en.wikipedia.org/wiki/Ansari_X_Prize http://en.wikipedia.org/wiki/Ansari_X_Prize
by shabda 18y ago
How did they do this? I cant find any such reference here, http://en.wikipedia.org/wiki/Ansari_X_Prize http://en.wikipedia.org/wiki/Ansari_X_Prize
- pchristensen 18y agoPeter Diamandis talks about it in this Stanford talk (edcorner.stanford.edu/authorMaterialInfo.html?mid=2002 ) (not loading right now). Basically, he paid $1m (I think) for a $10m insurance policy. He almost lost it because he couldn't make the payments. The Ansari family stepped in and paid the rest of the policy premium so he named it after them.