Investing in Space: Temper your expectations
Published by CNBC on 12/08/2022
As we head into the final weeks of the year, I’ve been thinking about space business lessons to be learned from 2022. One that repeatedly comes up is the need for tempered expectations when it comes to schedule targets across the industry. I spoke to a dozen insiders this week, from investors to executives, about why delays matter. My takeaway: Unrealistic timelines can have a ripple effect, from eating up cash to damaging a firm’s reputation — notching up the stakes.