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Google and Fidelity just invested $1 billion [1] for 10% of SpaceX, putting its valuation at $10 billion, or twice that of Groupon, so I'm not sure where you're
by imgabe 12y ago
Google and Fidelity just invested $1 billion [1] for 10% of SpaceX, putting its valuation at $10 billion, or twice that of Groupon, so I'm not sure where you're getting information that things like space exploration are less valued. It would probably be much higher, but at this point space travel is still very risky, so there's a high chance it won't pay off at all, compared to something technologically much easier to accomplish, like emailing people coupons.
Any one pharmaceutical company would be valued a couple of orders of magnitude higher than Groupon, let alone one that actually "defeated aging". Billions and billions are already invested in that. Pfizer for example, has a market cap over $200B. [2]
[1] http://www.nytimes.com/2015/01/21/technology/google-makes-1-billion-investment-in-spacex.htm http://www.nytimes.com/2015/01/21/technology/google-makes-1-...
[2] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#safe=off&q=pfizer+market+cap https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e...
- api 12y agoWell with SpaceX I was thinking more of the WhatsApp comparison. WhatsApp sold for $19 billion.
- kkhire 12y agoThe 2nd piratebay dude had the same argument, and there is definitely some value to that notion -- convincing all these bright engineers to go join the so/lo/mo products instead of helping to build upon the BIG ideas.