0619-biz-rs-spence-rocket

LTC (Join to see) Damn. That really is at a Discount to Put a Bird in the Air.

Thanks for sharing LTC (Join to see) the background on Rocket Lab and chief executive Peter Beck who appears to be the 21st century version of Werner Von Braun or Dr.Goddard who now is putting satellites in space for a real inexpensive $5 million dollars. How it relates to a scene of Dr. Evil saying the wrong amount of money is anybody's guess :-)

Good article about a smart kid. He has orders booked for the next 2 years, so he has some breathing room. This might be a good candidate for venture capitalists to invest. Unless he has lots of cash reserves he will be in debt without it unless he can get his cash flow up quickly. That doesn't appear to be a problem. At least he will have a better chance by being OCONUS. US makes it hard for the little guys to get ahead. The already-established enterprises can squeeze them out by having government come down on them with regulatory restrictions and making sure they can't get the large banks to capitalize them. He seems to be smart scientifically though, and as long as he gets solid financial assistance and advice he should do well. It's always good to see an entrepreneur make good. Thanks for sharing.