Jeff Foust analysis of the New Space business


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Jeff Foust of the Space Review has written an excellent analysis today explaining why some new space companies have succeeded (SpaceX) and some have failed (Rocketplane). Key quote:

If your business plan requires hundreds of millions of dollars of investment, and your founders don’t have that money available themselves, it may be wise to reconsider that plan in favor of an effort that can bootstrap itself with much less funding.

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