Re: "JP Morgan Chase.. brought in $1bn and was a critical anchor partner: "
John Smith 19: " ... $2.6 Billion So what's that get you? ... That would have Reaction Engines build their ground test engine core, E/D nozzle combustion chambers and inlet and be well on the way to their flight test vehicle. ..."
Nice to see someone else mentioning Reaction Engines—glad I'm not the only one making the point that RE are doing some very serious and promising work, still on something of a shoestring, while absolute stupidity-vanity-bollocks like Virgin Galactic gets attention for its plans to fire rich idiots to literally nowhere.
Magic Leap is further evidence that there's too much capital in search of too little innovation, its purse 'guarded' by greedy, credulous halfwits.
What a world we live in, when shallow fools are so obsessed with counting their cold, dead currency that they cannot lift their eyes even for a moment ....
Biting the hand that feeds IT
