SpaceX and Planet's 2015 Fundraising Doubled All Prior Space VC
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 20:23
Steve Jurvetson (early board member and investor in SpaceX) highlights how early investments in space tech catalyzed massive downstream capital flows.
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“So we invested in two, exactly two space companies, Planet and SpaceX. They raised 1.1 billion dollars in 2015, and that alone was double all venture capital in the space sector combined forever, meaning prior.”
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