| Rony sez:
"You need a long view. All the serious players are still in the Mercury phase. The Gemini and Apollo phases of XR are coming this decade and into the 2030s. An $800b company will likely spend $100b+ getting there. You need a wide aperture to understand what is going on." He should know, he went to Nova and he's been as deeply familiar financially in this exact effort as anyone for 10 years. But from 1850 to 2020 that's 170 years so it looks like about the year 2190 would be the lower end of a not-big-enough-picture. That does make the offhand estimate of 2030 look a little optimistic. But optimism is the name of the game. You don't go into this if you thought it would take that much more than a lifetime. That's just the kind of thing you find out later. Sometimes later than others. Looks like in "today's dollars" the Gemini program was over $10 Billion and Apollo over $200 Billion. Plus it took about a dozen years to spend it, seems like a long time to get to the moon but by comparison you could say sheesh NASA went through that money fast. And what do they have to show for it? You do need a long view. Nothing happens overnight. So I guess $100 Billion for the total AR dream would be a good deal since it would only get you halfway to the moon anyway. Wouldn't buy much else either, at today's prices. >Why did he raise and burn $3.5 billion dollars if that's only 3.5% of the cost of "getting there"? Do you really want my answer? Well if you did I could probably come up with something . . . |