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Sounds like quite a disruptive innovation in the aerospace industry. Always wondered how much it cost to get innovations like this off the ground. $400m fundi
by Killah911 14y ago
Sounds like quite a disruptive innovation in the aerospace industry. Always wondered how much it cost to get innovations like this off the ground. $400m funding round sounds pretty serious...
- ovi256 14y agoThat's the blind, the bet required to play, in aerospace, it's not a lot of money at all by their standards.
- NickPollard 14y agoOr by social media standards. I know it's a rather over-used meme now, but I'm again reminded of Instagram's $1b buyout vs. this. This seems like a good blue-sky venture for a scientific philanthropist. There's a lot that could go wrong, it might not work (though as pointed out elsewhere, this isn't all theory - they have tested the heat exchanger in real life on a proper jet engine), but it could be a big win. If only someone like Gates could put down $400m for a chance of a big pay off later.
- scoot 14y agoThat would be the ante - a forced bet affecting all players. Blinds are typically only posted by one or two players.
- tsotha 14y agoToo true. The old joke about rocket companies is "If you want to end up with a billion dollars, start a rocket company with ten billion."
- stcredzero 14y agoEnough to start a rocket company. (Maybe not a hybrid air-breathing SSTO company.)