[wahern]

The company that launched the original Iridium constellation went bankrupt one year (1999) after the constellation went live (1998).

Did they have foresight? Absolutely. Did they successfully create a new market? Yes. Did they hold an effective monopoly? Yes. Was their product and service a technological success? Clearly, as it's still used today. Did they make money? No, not even close. Theirs was the largest U.S. bankruptcy at the time.

Yes, there may be tremendous opportunity. But there's also tremendous risk. Timing and strategy are everything, and nobody has a crystal ball for those details even when the big picture is a certainty.