3 ms·
Hindsight is always golden but ths particular idea always seemed to me to be the handiwork of investors & execs in the Silicon Valley bubble extrapolating their
by arbuge 13y ago
Hindsight is always golden but ths particular idea always seemed to me to be the handiwork of investors & execs in the Silicon Valley bubble extrapolating their needs and wants to the rest of the general population.
- mathattack 13y agoFrom the investor list, it sounds more like celebrities extrapolating their needs to the rest of us. This reminds me of the urban legend of a Hedge Fund exec's kid who didn't know the word "airplane", only "private jet".
- VladRussian2 13y agowell, there seems to be uncanny valley between flying an airline, even in business/first class and private jet using something like prepaid fractional card (like NetJet Marquis - last time i heard it was 100K for 25 hours, today probably somewhat higher). Of course the valley is for the reason, yet for some above mentioned people it may look like a business opportunity. Anyway, they raised 2M - peanuts for VC to explore on practice whether it is opportunity or not.
- neurotech1 13y agoOne of the problems is that a mid-size business jet (say Citation X or Gulfstream V/G550)costs as much to fly as a regional airliner like a Embraer E170/190($10k+/Hour) due to engine design optimization and is only marginally faster than the E170 in flight time assuming both fly non-stop. Smaller business jets don't have the fuel range to do a coast-to-coast flight non-stop with passengers. E170/190s can be fitted with auxiliary tanks for coast-to-coast corporate shuttle flights.