[extropy-chat] Slashdot draft: Prediction markets and spacedevelopment

[giorgio gaviraghi]

I don't believe that Iridium failure is due to the
dotcom bust
iridium is a portable global telephone system based on
multiple satellites covering the entire world
nothing to do with internet
What happened was that iridium was the wrong answer to
a requested need
Wrong product, bulky and heavy compared to cell phones
wrong costs
around 5$ per minute OF CONVERSATION
wrong market approach
with the exception of deserts and middle of oceans the
entire world was accessible by non iridium comsat cell
phones so that left a minor customer base
in the end a wrong business plan that is taught in
business schools as a negative example similar to the
EDSEL
it was obsolete by the time it became operational
that's one of the main problems of space business,
same thing happened with most space manufacturing
activities, it was possible to make them better and
much more economically on Earth
--- Technotranscendence <neptune at superlink.net> ha
scritto: 

> I meant to say that "Does Austrian Business Cycle
> Theory Help Explain
> the Dot-Com Boom and Bust?" is online at:
> 
> http://www.mises.org/journals/qjae/pdf/qjae6_2_3.pdf
> 
> Later!
> 
> Dan
>
http://uweb.superlink.net/~neptune/MyWorksBySubject.html
> 
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
>
http://lists.extropy.org/mailman/listinfo/extropy-chat
> 



	

	
		
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