Today, I'm excited to share that I've started a company and closed an oversubscribed seed round.
Space has a labor shortage, and a growing surplus of science that we can’t afford not to do. Our astronauts’ time costs $130,000 an hour, and almost all of it goes to keeping them alive. The science happens in the margins. The bottleneck in orbit is not rockets, but labor.
General Astronautics will build and scale orbital manufacturing factories, starting with industrial robotics. This is the unlock to new pharmaceuticals, new materials, and new planets.
More on my thesis for humanity: https://t.co/SO6jGbGhaQ
If this excites you, we are hiring. Come find us: https://t.co/QJZqAUm5CN
A business is a strategy to obtain other people’s money.
The prototypical business achieves this by delivering goods & services in exchange for payment.
The efficiency of a business increases as friction in delivery reduces or the amount paid increases.
Therefore, the perfect business would deliver nothing at all in exchange for an enormous sum of money.