Esther Dyson on Private Space Exploration
futureofcapitalism.com

Venture capitalist Esther Dyson has a terrific column about how private space companies are outpacing NASA:

Governments are great at funding and carrying out research, but competitive private companies motivated by profit and glory tend to be more efficient and speedier in applying the results....government research agencies are not the right type of organization to run routine operations that could be better handled by businesses....Whereas governments and government contractors generally enjoy job security, private companies know that the money may run out. Also, private companies compete.

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Esther Dyson on Private Space Exploration
futureofcapitalism.com

Venture capitalist Esther Dyson has a terrific column about how private space companies are outpacing NASA:

Governments are great at funding and carrying out research, but competitive private companies motivated by profit and glory tend to be more efficient and speedier in applying the results....government research agencies are not the right type of organization to run routine operations that could be better handled by businesses....Whereas governments and government contractors generally enjoy job security, private companies know that the money may run out. Also, private companies compete.

Read More...