Or by social media standards. I know it's a rather over-used meme now, but I'm again reminded of Instagram's $1b buyout vs. this.
This seems like a good blue-sky venture for a scientific philanthropist. There's a lot that could go wrong, it might not work (though as pointed out elsewhere, this isn't all theory - they have tested the heat exchanger in real life on a proper jet engine), but it could be a big win. If only someone like Gates could put down $400m for a chance of a big pay off later.
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That's the blind, the bet required to play, in aerospace, it's not a lot of money at all by their standards.
Or by social media standards. I know it's a rather over-used meme now, but I'm again reminded of Instagram's $1b buyout vs. this.
This seems like a good blue-sky venture for a scientific philanthropist. There's a lot that could go wrong, it might not work (though as pointed out elsewhere, this isn't all theory - they have tested the heat exchanger in real life on a proper jet engine), but it could be a big win. If only someone like Gates could put down $400m for a chance of a big pay off later.
That would be the ante - a forced bet affecting all players. Blinds are typically only posted by one or two players.
Too true. The old joke about rocket companies is "If you want to end up with a billion dollars, start a rocket company with ten billion."