Army Veteran | Venture Capital | Startup Operator | Ex-3x Capital (Web3)| SportsTech | Former Team USA Athlete 🇺🇸| VC @ Musa Capital| VC Ecosystem Builder | Member at Texas Venture Alliance
Summary: The article discusses NASA's mission to Mars to collect rocks, the growing opportunity for startups in the space industry, latest venture capital news, and a breakdown of a16z's $7.2 billion worth of new funds. Key takeaways: NASA's mission to Mars to collect rocks was expected to cost $11 billion and take a long time, but with open input from startups, the cost and timeline may improve. Startups are increasingly interested in the space industry, as shown by Two Chairs' Series C funding and Quilt's recent fundraising for heat pump work. a16z's recent announcement of $7.2 billion worth of new funds indicates their continued success and shows they are unaffected by the current venture slowdown. Counter arguments: Some may argue that the cost and timeline for NASA's mission to Mars is not feasible, even with support from startups. While a growth in startups in the space industry is promising, there is still a long way to go before it becomes a major player in the startup world. #venturecapital #vc #venture #startups
