SpaceWatchGL Opinion: NewSpace Entrepreneurship In The United States
Almost all the so-called ‘new space’ companies entering the market over the last five years are tiny, many with fewer than 100 employees. And they are almost all funded by venture capitalist (VC) firms and angel investors (read rich individuals). These types of investors generally put their money on a portfolio of companies to spread out the very high risk that many will fail before turning a profit. Photo by Jordan Wozniak on Unsplash.