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I imagine the odds are that Boom will most likely fail, but if wealthy investors want to pump money into supersonic flight R&D knowing that the risk is high, th

I imagine the odds are that Boom will most likely fail, but if wealthy investors want to pump money into supersonic flight R&D knowing that the risk is high, then I'm all for it. If nothing else it's very cool.

HPsquared 2y ago
"Because it's cool" is an underappreciated basis for investment.
lispisok 2y ago
Better than investing in blockchain or another openai wrapper company
lenerdenator 2y ago
If they spin a defense product at some point they could make a very good case that they're a necessary company given Boeing's utter incompetence here of late.
- newsclues 2y ago
  The technology is dual use. There is value in war, unfortunately.
  - lenerdenator 2y ago
    Ferengi Rule of Acquisition 34: War is good for business. Ferengi Rule of Acquisition 35: Peace is good for business.
- crowcroft 2y ago
  If they can succeed in making anything that is good enough to be approved by the FAA or to be used in anything then honestly I would say that as a massive win for them.
gangstead 2y ago
I get a lot more enjoyment out of billionaires spending their money on rockets and super sonic planes than buying land in Hawaii and kicking native people off of it.
ramesh31 2y ago
>I imagine the odds are that Boom will most likely fail, but if wealthy investors want to pump money into supersonic flight R&D knowing that the risk is high, then I'm all for it The model for all of these aerospace startups is to just develop something interesting enough for an acqui-hire. Boom will never build a passenger jet. But some of their tech may make it into the next generation of GE engines if they're successful.
- 7e 2y ago
  That's a lot of hopium given that they're making their own engines because no real engine manufacturer thinks it's a good idea. The entire company was created because a rich techie had an exit and liked flying. A lifestyle business, I guess.
  - deleted 2y ago
    [deleted]

HPsquared 2y ago

"Because it's cool" is an underappreciated basis for investment.

lispisok 2y ago

Better than investing in blockchain or another openai wrapper company

lenerdenator 2y ago

If they spin a defense product at some point they could make a very good case that they're a necessary company given Boeing's utter incompetence here of late.

newsclues 2y ago
The technology is dual use. There is value in war, unfortunately.
- lenerdenator 2y ago
  Ferengi Rule of Acquisition 34: War is good for business. Ferengi Rule of Acquisition 35: Peace is good for business.
crowcroft 2y ago
If they can succeed in making anything that is good enough to be approved by the FAA or to be used in anything then honestly I would say that as a massive win for them.

gangstead 2y ago

I get a lot more enjoyment out of billionaires spending their money on rockets and super sonic planes than buying land in Hawaii and kicking native people off of it.

ramesh31 2y ago

>I imagine the odds are that Boom will most likely fail, but if wealthy investors want to pump money into supersonic flight R&D knowing that the risk is high, then I'm all for it The model for all of these aerospace startups is to just develop something interesting enough for an acqui-hire. Boom will never build a passenger jet. But some of their tech may make it into the next generation of GE engines if they're successful.

7e 2y ago
That's a lot of hopium given that they're making their own engines because no real engine manufacturer thinks it's a good idea. The entire company was created because a rich techie had an exit and liked flying. A lifestyle business, I guess.
- deleted 2y ago
  [deleted]