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NASA moves forward with 17 companies as part of bid to transform urban aerial transportation

TechCrunch LA

Getting the agreements signed are the first step in a multi-stage process that will culminate in the challenge’s official competition in 2022. It is designed to allow U.S. Developmental Airspace Simulation: The companies will test traffic management services in NASA-designed airspace simulations for urban air mobility.

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Timing and why we’re all VCs

TechCrunch LA

Capitalism is fundamentally about timing, since market competition is about finding opportunities before others. From the article: Mithril had its best moment yet last week when a portfolio company, Auris Health, sold to Johnson & Johnson for more than $3 billion — returning at least $500 million to the fund.