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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
The Future of the Space Economy with Mo Islam
Manage episode 346632209 series 1849529
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Mo Islam (@itsmoislam), co-founder of Payload Space, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:
- There is no doubt that we are in the early stages of the space economy, Mo says.
- The cost to go to Mars will be paid many times over by the young engineers who will be inspired by the mission.
- There are three main buckets in the space economy: space for earth (companies creating products for humans on earth via their space endeavors), space for space (companies serving other companies in space) and beyond earth (“science fiction”-type activities like colonization, mining, and exploration).
- The International Space Station cost $100B to build.
- SpaceX built the Falcon 9 at 1/10th the cost that NASA estimated.
- In the 1960s there were only two space programs but now there are 80+ and they are all trying to get an economic return on investment.
- Mo’s contrarian take is that launch is actually underhyped. Very few companies have a launch vehicle that has made it to orbit with a significant payload capacity.
Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.
Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.
Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
- There is no doubt that we are in the early stages of the space economy, Mo says.
- The cost to go to Mars will be paid many times over by the young engineers who will be inspired by the mission.
- There are three main buckets in the space economy: space for earth (companies creating products for humans on earth via their space endeavors), space for space (companies serving other companies in space) and beyond earth (“science fiction”-type activities like colonization, mining, and exploration).
- The International Space Station cost $100B to build.
- SpaceX built the Falcon 9 at 1/10th the cost that NASA estimated.
- In the 1960s there were only two space programs but now there are 80+ and they are all trying to get an economic return on investment.
- Mo’s contrarian take is that launch is actually underhyped. Very few companies have a launch vehicle that has made it to orbit with a significant payload capacity.
Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.
Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.
Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
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