Probably getting off topic but in retrospect the end of SVB is probably the
end of the easy free money phase of space tech, like the dot-com bubble
imploding.
A lot of companies are going to go under because they never closed their
business cases. Some may even have flown hardware.
On Sat, Mar 11, 2023 at 6:52 AM Troy Prideaux <troy@xxxxxxxxxxxxxxxxxxxxx>
wrote:
Little did I know one of the larger troughs (Silicon Valley Bank) was being
shut down as I was typing that.
Troy
-----Original Message-----times to
From: Troy Prideaux <troy@xxxxxxxxxxxxxxxxxxxxx>
Sent: Friday, March 10, 2023 2:56 PM
To: 'arocket@xxxxxxxxxxxxx' <arocket@xxxxxxxxxxxxx>
Subject: RE: [AR] Re: Relativity costs
It seems to me like there's been a lot of VC thrown around in recent
the NewSpace industry with some pretty serious question marks attached asif,
the primary requirement is "they're using different tech".
Troy