Over 360 VC Firms Funded 200 Identical Small-Satellite Launch Startups
Steve Jurvetson · 20VC: Steve Jurvetson on 20 Years of Friendship with Elon Musk, How To Analyse Market Timing, Why Venture Does Not Scale & Why He Has Never Sold A Share in Any Company He Holds · Aug 3, 2020 · at 20:46
Steve Jurvetson (co-founder of Future Ventures) illustrates herd mentality in venture investing following SpaceX's success.
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“There have now been over 360 venture firms that invested in space. They've invested in 200 nearly identical small site launch companies, for example.”
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