Comment by fooker
13 hours ago
One reliable method of pushing envelopes, attracting investment and hiring smart people is to get excited about unrealistic timelines.
The best case is you meed the unrealistic timeline, the average case outcome is you solve the problem but it is delayed several years. And the worst case is it fails and investors lose some money.
If you try to hire people but your message is: we want to reduce the cost of access to space by 20% in thirty years, you are going to get approximately zero competent engineers, and a whole lot of coasters.
And no investors, so you'll be dependent on the government anyway. Depending on the government is great until people you do not agree with or are generally anti science, are in power. I assume this part should not need an example nowadays?
> One reliable method of pushing envelopes, attracting investment and hiring smart people is to get excited about unrealistic timelines.
Its also a good way to shred morale and investor confidence when you're a decade past your timelines or continue to fail on actually delivering on past promises.
You'd think so, but if you bet on this guy not being able to get investors you'll end up being wrong.
It doesn't make sense (neither does Tesla's valuation, for example), but it is what it is.
Both Spacex and Xai have investors lining up.