I guess this would converge with Peter Thiel’s criticism that we’ve had so much progress in the world of bits, but not in the world of atoms. I suppose what we

I guess this would converge with Peter Thiel’s criticism that we’ve had so much progress in the world of bits, but not in the world of atoms. I suppose what we really need—and don’t have—is an accelerator for companies like SpaceX. In a sense, by making entry to lower orbit affordable, you peel back a lot of the risks that startups would have had to mitigate themselves. In that way, it functions as a kind of accelerator, which is the point. But I think more generally, it’s true what he says: where’s our progress in the world of atoms? We probably need to start accelerators focused specifically on that, not just on “let’s pitch this to the limited partners, get those sweet, quick returns,” and create the next air quotes “unicorn” company. I think you need an institutional-scale endeavor committed to that, like what Y Combinator has, as has been said, “lower-hanging fruit” of progressing bit-based startups!