socalTECH
MARCH 14, 2011
In the second satellite launch deal announced today, Hawthorne-based Space Exploration Technologies (SpaceX) and ORBCOMM said that SpaceX will carry two new satellites to orbit this year. The two said that SpaceX will launch two, ORBCOMM satellites into geosynchronous orbit, used for data communications. READ MORE>>.
Startup Professionals Musings
AUGUST 21, 2021
When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.
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TechCrunch LA
OCTOBER 1, 2019
Manufacturing can be done within 60 days, according to the company’s claims, and its vehicles have a payload capacity of up to 1250 kilograms ( SpaceX’s largest rockets will have roughly 100 times that payload capacity). Relativity Space signs the satellite transportation company Momentus as a new customer.
Both Sides of the Table
SEPTEMBER 10, 2021
They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. We can’t wait for customers to use the product for 12–18 months and do customer interviews or look at purchase cohorts. The legends of Silicon Valley?—?two two founders in a garage?—?(HP
TechCrunch LA
JANUARY 25, 2022
Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union.
Startup Professionals Musings
OCTOBER 19, 2015
In fact, an entrepreneur friend of mine, who made millions on her marketing expertise, asserted recently that most inventors fail in business because they refuse to believe that any business expertise or experience is worth more than 5 percent in partner equity. The ultimate risk is trying to sell a solution that customers don’t need or want.
SoCal Delicious
SEPTEMBER 19, 2012
Even though their business model was tweaked a little while ago to give customers additional leniency, the business is still expecting to break $100 million in revenue this year, up from $25 million in 2010. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com.
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