Re: Getting Mega Projects Done

From: Tkalbfus1 (tkalbfus1_at_aol.com)
Date: 11/29/04 

Date: 29 Nov 2004 23:31:03 GMT

>The big bottleneck definitely is adequate funding. (For example, Rutan
>won the X-Prize by a wide margin largely because he had money and most of
>his competitors didn't.) Technical and political obstacles exist, but
>most would-be launcher builders aren't even at the point of actively
>confronting those. However, it's important to realize that the reason
>why there isn't money is not "business" in some vague, mystical sense,
>but the very high risks of investing in this field.

What you need is an excentric billionare to invest a huge chunk of money to get
the project going. Once such a billionare puts down the money and it looks like
its going to happen, there is less risk for the smaller investors who may just
jump on the band wagon. I wonder how well Scaled Composites is selling these
days? There are other risks of course, but the first risk is not having enough
money to start the project and realize a return.

Tom

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