Thread: ...Lesson for Nasa! US Airmail and Aviation
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Old May 18th 06, 02:34 AM posted to sci.space.policy,sci.space.history,sci.space.station
Alan Anderson
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Default ...Lesson for Nasa! US Airmail and Aviation
(Derek Lyons) wrote:

Rand Simberg wrote:

And there has been about a billion dollars of investment in private
space vehicles recently.

So? There was a massive amount of capital invested in railroads too
back in day. (Much of it lost.) There was also massive amounts of
capital invested in the dot-bombs, (and much of it too was lost).

Much of it was lost, but not all. Some of it was invested in what are
now highly successful businesses. The total return is many times more
than the total investment.

So private space being similar to the "internet boom" actually seems
like a *good* thing to me.