Ebooks are sold. Host so scott cooper what is a Venture Capitalist do . Basically what we do is we provide money to companies that are trying to grow and hopefully become very Big Companies like a facebook or google or apple someday. Forging her jobs correctly we are also helping them grow the company so we do not obviously work in the businesses that we can hopefully provide introductions for them p help navigate new challenges asge they go through the business we like to think of ourselves as a money provider and hopefully a supporter as the business grows. Why does the company like you describe not go through a bank and go through traditional avenues . Speech its a good question the problem is most ofro the businesses that we invest in our very risky businesses that are going to lose money for a long period of time as they invest ine the business and banks unfortunately are just not in the business of doing that or take a risk for losing capital paired for willing to take that risk
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Spacex, and it is actually playing out in the market. Because spacex is privately held but if you look at the handful of more pure play space names, virgin galactic, not affiliated with any of this right now but represents Space Tourism play is higher today also the ufo space etf is trading higher ahead of the launch its scheduled to happen a few minutes after 4 30 p. M. Eastern right now but well see how the weather and Everything Else plays out here, john. You talk about space a lot, its a an important story, an Important Technology story also. I cant help but look at whats happening to silicone valley and tech at large over this incredible year especially that weve had. If you think back over the past decade, the elon musk brand of tech that is hardware, big hardware, difficult engineering, its tesla, spacex, that wasnt the popular thing. It was more the instagrams, the airbnbs, the we works. I think weve seen in this, you know, virus crisis that swept the globe its some of those in
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