Re:SpaceX Sells 10% Stake to Google, Fidelity for $1B
by rcchen on Tuesday January 20, 2015 @05:43PM
(#8920184)
One thing that needs to be considered is that SpaceX is operating in a space that has far higher risk for a (relatively) indeterminate reward right now. A single accident could severely damage the company's reputation and revenue stream, and I think their valuation might reflect this cautious approach to their business model.
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Re:SpaceX Sells 10% Stake to Google, Fidelity for $1B
by TeMPOraL on Tuesday January 20, 2015 @05:48PM
(#8920220)
I agree; though as a side point - after 3 failures in 2008 and that famous "optimism, pessimism, fuck that" quote, I want to believe it will take more than just a single accident to damage SpaceX's reputation.
Re:SpaceX Sells 10% Stake to Google, Fidelity for $1B
by robbiep on Tuesday January 20, 2015 @05:50PM
(#8920232)
You could replace spacex with whatsapp in that paragraph and it would still be true- more so even- the barrier to change with messaging apps is almost zero however everyone knows rockets are hard and no one expects a failure on the pad to destroy what is looking like a good launch track record.
If whatsapp start charging or introduce ads I can't see why people would stick around, considering the Huge number of whatsapp users who also have viber/snapchat/basis sms also installed