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	Comments on: Firefly founder stepping down as CEO	</title>
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	<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/</link>
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	<lastBuildDate>Sun, 19 Jun 2022 09:58:06 +0000</lastBuildDate>
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		<title>
		By: Jeff Wright		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338436</link>

		<dc:creator><![CDATA[Jeff Wright]]></dc:creator>
		<pubDate>Sun, 19 Jun 2022 09:58:06 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338436</guid>

					<description><![CDATA[Reminds me of how VLJ/air-taxi advocate Vern Rayburn was ousted by his own company—Steve Jobs style.]]></description>
			<content:encoded><![CDATA[<p>Reminds me of how VLJ/air-taxi advocate Vern Rayburn was ousted by his own company—Steve Jobs style.</p>
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		<title>
		By: Edward		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338354</link>

		<dc:creator><![CDATA[Edward]]></dc:creator>
		<pubDate>Sat, 18 Jun 2022 16:00:32 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338354</guid>

					<description><![CDATA[Concerned wrote: &quot;&lt;em&gt;[T]hey’ve managed to build and launch some hardware, but that’s only a necessary condition for success. A sufficient condition is that killer app that sets them apart, which I just don’t see, There is definitely a bubble in the launch service market now, and only a very few will survive.&lt;/em&gt;&quot; 

I see it differently.  The killer app is not so much for survival, which can be done without the killer app, but it is for innovation.  Right now, the killer apps in the launch industry are the ones that bring down the price for reaching orbit.  SpaceX has three killer apps: reusability (reducing per-unit costs), simplicity (reducing operational costs), and availability (better service: launching often with the ability to add to its launch manifest fairly quickly, an app that the Space Force desires for the small launch market).  For the launch industry (not industry in general), SpaceX has a fourth killer app: rapid development, which gives them lower development costs and allows them to get new products to market faster than the competition.  

Some other launch companies are working on some, most, or all of these killer apps, and they may be working on developing others, too.  

Is Firefly one of these companies?  We will have to see what the new owners do.]]></description>
			<content:encoded><![CDATA[<p>Concerned wrote: &#8220;<em>[T]hey’ve managed to build and launch some hardware, but that’s only a necessary condition for success. A sufficient condition is that killer app that sets them apart, which I just don’t see, There is definitely a bubble in the launch service market now, and only a very few will survive.</em>&#8221; </p>
<p>I see it differently.  The killer app is not so much for survival, which can be done without the killer app, but it is for innovation.  Right now, the killer apps in the launch industry are the ones that bring down the price for reaching orbit.  SpaceX has three killer apps: reusability (reducing per-unit costs), simplicity (reducing operational costs), and availability (better service: launching often with the ability to add to its launch manifest fairly quickly, an app that the Space Force desires for the small launch market).  For the launch industry (not industry in general), SpaceX has a fourth killer app: rapid development, which gives them lower development costs and allows them to get new products to market faster than the competition.  </p>
<p>Some other launch companies are working on some, most, or all of these killer apps, and they may be working on developing others, too.  </p>
<p>Is Firefly one of these companies?  We will have to see what the new owners do.</p>
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		<title>
		By: Concerned		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338309</link>

		<dc:creator><![CDATA[Concerned]]></dc:creator>
		<pubDate>Sat, 18 Jun 2022 07:33:26 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338309</guid>

					<description><![CDATA[I don’t see anything particularly innovative or a great game-changer in the market of orbital access with this company. Yeah, they’ve managed to build and launch some hardware, but that’s only a necessary condition for success. A sufficient condition is that killer app that sets them apart, which I just don’t see, There is definitely a bubble in the launch service market now, and only a very few will survive.]]></description>
			<content:encoded><![CDATA[<p>I don’t see anything particularly innovative or a great game-changer in the market of orbital access with this company. Yeah, they’ve managed to build and launch some hardware, but that’s only a necessary condition for success. A sufficient condition is that killer app that sets them apart, which I just don’t see, There is definitely a bubble in the launch service market now, and only a very few will survive.</p>
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		<title>
		By: Col Beausabre		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338304</link>

		<dc:creator><![CDATA[Col Beausabre]]></dc:creator>
		<pubDate>Sat, 18 Jun 2022 06:57:16 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338304</guid>

					<description><![CDATA[&quot;The move comes four months after AE Industrial Partners (AEI), a private equity firm, agreed to acquire a “significant stake” in Firefly from Noosphere Venture Partners, which sold its interest in Firefly at the request of the Committee on Foreign Investment in the United States. Noopshere is a fund run by Ukrainian-born investor Max Polyakov.&quot;

We certainly can&#039;t have those shady characters from Ukraine jeopardizing US National Security. You just can&#039;t trust them or anything they say. Oh, wait a minute...]]></description>
			<content:encoded><![CDATA[<p>&#8220;The move comes four months after AE Industrial Partners (AEI), a private equity firm, agreed to acquire a “significant stake” in Firefly from Noosphere Venture Partners, which sold its interest in Firefly at the request of the Committee on Foreign Investment in the United States. Noopshere is a fund run by Ukrainian-born investor Max Polyakov.&#8221;</p>
<p>We certainly can&#8217;t have those shady characters from Ukraine jeopardizing US National Security. You just can&#8217;t trust them or anything they say. Oh, wait a minute&#8230;</p>
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		<title>
		By: Realist		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338261</link>

		<dc:creator><![CDATA[Realist]]></dc:creator>
		<pubDate>Fri, 17 Jun 2022 19:58:45 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338261</guid>

					<description><![CDATA[duheagle : • 4 hours ago

&quot;We&#039;ll see. Kicking Markusic upstairs might easily be just a preliminary to quietly piping him down the road. Ex-SpaceX-er Lauren Lyons, whom Markusic hired with much fanfare some months ago as COO, left the company with a complete lack of fanfare coincident with the AEI Partners deal. Markusic may turn out to be just the last stitch in a complete upper management transplant for Firefly.&quot;]]></description>
			<content:encoded><![CDATA[<p>duheagle : • 4 hours ago</p>
<p>&#8220;We&#8217;ll see. Kicking Markusic upstairs might easily be just a preliminary to quietly piping him down the road. Ex-SpaceX-er Lauren Lyons, whom Markusic hired with much fanfare some months ago as COO, left the company with a complete lack of fanfare coincident with the AEI Partners deal. Markusic may turn out to be just the last stitch in a complete upper management transplant for Firefly.&#8221;</p>
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		<title>
		By: Realist		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/firefly-founder-stepping-down-as-ceo/#comment-1338241</link>

		<dc:creator><![CDATA[Realist]]></dc:creator>
		<pubDate>Fri, 17 Jun 2022 18:16:53 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=85663#comment-1338241</guid>

					<description><![CDATA[That too is capitalism. One of his ugly traits.]]></description>
			<content:encoded><![CDATA[<p>That too is capitalism. One of his ugly traits.</p>
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