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comment by kleinbl00
kleinbl00  ·  1761 days ago  ·  link  ·    ·  parent  ·  post: Inside SpinLaunch, the Space Industry’s Best Kept Secret

It is the encapsulation of the triumph of Castle In The Air Theory over Fundamental Value Theory. The value of things that can be bought at Series A and sold at IPO is far, far higher than the value of things that will eventually make money.

I have thoughts about your Nextdoor Boomers. They are complex.