a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
kleinbl00  ·  1036 days ago  ·  link  ·    ·  parent  ·  post: SpinLaunch conducts first test of suborbital accelerator at Spaceport America

Unfortunately for us, my friend, neither of us are the children of Enron VPs and thus we are unlikely to get to pitch this to anyone with money.

On the plus side, we may be leaving the era of stupid money behind for a time. I remember when "let's sell pet food UPS" went from world's best idea to world's worst idea in the turn of a NASDAQ; back then you still had to pay workers so our internet serfdom wasn't yet inevitable. But even now, the "let's buy scooters for $150, rent them for 10 cents a mile, trash them after two weeks and expect to turn a profit" company is eating shit, the "let's sell a $200 exercise bike with a $100 tablet for $2500 so we can charge people $80 a month for videos" company is down 84% from its ATH and the "let's do an end-run around the listing process so we can skin the rubes more easily" movement is running out of steam.

Things will get stupid again. So much stupider that a spring-launched orbital payload company will get money. Until then, we'll have to settle for shitty post cards.