INSUBCONTINENT EXCLUSIVE:
topic of trends in VC around space startups touched on public vs
private funding, the right kinds of space companies that should even be considering venture funding, and, perhaps most notably, the big L:
Liquidity.Moderator Tess Hatch, Vice President at Bessemer Venture Partners, addressed the topic in response to an audience question that
one, or maybe two investments in the area
on the New York Stock Exchange late last year would be the second
somewhat prolonged exit drought in 2020, including five who are either quite mature in terms of their development, naming SpaceX, Rocket
Lab, Planet and Spire as all likely candidates to have some kind of liquidity event in 2020, with the mostly likely being an IPO.Space as
activity in terms of the overall investment rounds in the sector
technology counterparts.The panel touched on a lot more apart from liquidity, which actually only came up towards the end of the discussion,
which included panelists Astranis CEO and co-founder John Gedmark; Capella Space CEO and founder Payam Banazadeh and Rocket Lab VP of Global
Commercial Launch Services Shane Fleming
because at the end of the day venture is looking at high risk, high return
technology development is expensive, and the money has to come from somewhere
then, the government grant can be extremely dangerous, because they will fund you to do something that is sort of similar to what to what
more important than a bit of equity dilution.
