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>but nobody is willing to pay $6 billion for Hyperloop (which was Musk's estimate, although many people took issue with it). Hyperloop is not a product that ne
by macspoofing 13y ago
>but nobody is willing to pay $6 billion for Hyperloop (which was Musk's estimate, although many people took issue with it).
Hyperloop is not a product that needs only $6 billion to get to market. It needs $6 billion to test the feasibility, and God knows how much more to commercialize it over years or decades. Worse, there is no guarantee that anything will come out of it, that you won't get ripped off (once you prove the concept, why wouldn't GE, Lockheed or any some State corporation simply build it themselves), or that it is any better than high-speed trains or airplanes.
Snapchat is one in-app ad from generating revenue to cover operations and probably 3-5 years from a $5-$15 billion IPO valuation.
I'd respect anybody who puts up the money to fund this moon-shot project, but the risk profile between Hyperloop and Snapchat is like night and day.