A look back at Virgin Galactic’s failed history
Link here. Doug Messier has probably provided the best news coverage of every up and down (mostly down) of Virgin Galactic since its beginning. As he notes at the beginning of his article:
A lot can happen in 18 years.
A mother can go from holding her newborn baby in her arms to sending her child off the college for the first time. In between, the child has learned to walk and talk, endured the rigors of puberty, and spent at least 13 years in school.
During that same time, Virgin Galactic essentially accomplished nothing, while wasting billions in private investment capital. Meanwhile, Richard Branson pumped and dumped, getting out when the getting was good and leaving others to hold the bag.
Definitely worth the read. The story of Virgin Galactic demonstrates the risks inherent in capitalism and freedom. Freedom allows for big dreams, but before you commit to any dream you better look it over very carefully or you might be burned.
Link here. Doug Messier has probably provided the best news coverage of every up and down (mostly down) of Virgin Galactic since its beginning. As he notes at the beginning of his article:
A lot can happen in 18 years.
A mother can go from holding her newborn baby in her arms to sending her child off the college for the first time. In between, the child has learned to walk and talk, endured the rigors of puberty, and spent at least 13 years in school.
During that same time, Virgin Galactic essentially accomplished nothing, while wasting billions in private investment capital. Meanwhile, Richard Branson pumped and dumped, getting out when the getting was good and leaving others to hold the bag.
Definitely worth the read. The story of Virgin Galactic demonstrates the risks inherent in capitalism and freedom. Freedom allows for big dreams, but before you commit to any dream you better look it over very carefully or you might be burned.