How I Built A $4.2 Billion Space Start-Up | Founder Effect

[@ahmadzaimhilmi]

I like how real entrepreneurs talk about solving problems instead of those marketing gurus who talk about how you could get rich by doing something.

[@cineproshorts]

Ok

[@idonotlikethismusic]

Entrepreneur vs. "entrepreneur"

[@ImTitan16]

Well tbf most buissness owners aren't trying to change the world or make it better

[@doords]

marketing gurus, influencers, basically people who never graduated highschool

[@Brodragon2225]

product makes richif he makes rocket affordable then internet will be faster

[@aymanelzahed]

I love that guy! Very intelligent, humble and inspiring.

[@nissarahamed]

That's impressive he got $500k with a cold email. And a company was born!! Amazing story of hustle. 💯💯💯

[@Okeh_Emmanuel]

The beauty of the USA

[@bavan]

Suddenly my respect for Mark Cuban has increased. Computers and Software catapulted humanity centuries ahead when creating Computers and Software became possible from a simple Garage. Likewise, we should be able to do Space exploration in our garage too. I have always imagined having a small lab kit where we could explore human cells and simulate string theory. Though this is not a garage project, 3D printing a rocket and Cuban funding it is good start. We will make it one day and find the answer to this universe together.

[@normalguy8550]

I have rarely seen a comment with which I agreed more. Making the tools for innovation more accessible is a very important step if we're hoping to change the world

[@xpengfangirl7942]

so catapulting humans ahead, you mean the end game is basically conscious AI that will absorb all technology and energy itself and call itself humanity and end game eternal form of "life"? or what is "progress" in your view?

[@corail53]

Cuban wasn't an innovator - he got lucky someone one wanted to buy his non working crappy Radio on the internet company for a bit over a billion. (the company no longer exists). Cuban has been riding off that for years with his only money making venture being a basketball team. Almost all his other public investments have crashed and burned including all his useless crypto pumping.

[@shukrantpatil]

@@xpengfangirl7942 AI will never go against us , we humans are pros at keeping other beings below us , let it be animals or an AI , we have been masters at making slaves and keeping them under control , AI will be no different and if it does become conscious and go against us , we will simply make it unconscious , do not underestimate humans my friend , we ae no less fierce than any futuristic AI .

[@xpengfangirl7942]

@@shukrantpatil haha, funny joker, the point is there is no need for middle class jobs, so the world is elite unicorns and slaves that will still work cheaper than the AI option, if AI turns on humans, then that is another issue

[@wilsonjudson1650]

There might be an economical turmoil but there is no doubt that this is still the best time to invest.

[@jamesmaduabuchi6100]

Best time to invest? thats funny though because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.

[@wilsonjudson1650]

you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos

[@wilsonjudson1650]

now its a different ball game for me because I was lucky to have met TERESA JENSEN WHITE, a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.

[@henryclinton9317]

Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach TERESA ?

[@wilsonjudson1650]

search her name on the internet to reach her

[@rishirajtripathi5711]

people after watching this video let's email Mark Cuban 😂

[@jeffw8218]

They have raised 1,300,000,000 and haven’t had any successes so far. As of now, this company is closer to Juicero or Theranos than it is to Rocketdyne or Northrop Grumman.

[@RC-yx4kb]

This story needs to be turned into a movie!

[@defintity_9951]

This guy is going places

[@xpengfangirl7942]

just act like a fake kid, going on a scout venture, at 12, say the key words of our time, like badass, nsane, crazy, stoked, plaided, space is a greeny gooey, and sheep will give you their money

[@defintity_9951]

@@xpengfangirl7942 I'm not sure about execution, but 3D printing does have many applications.

[@xpengfangirl7942]

@@defintity_9951 I will send cold mails to rich people

[@555-y9g]

My respect sir, 3d printing is definitely a gold mine. I your humility

[@xavierabdulkarem5057]

I like startups changing the world

[@corail53]

How is this changing the world? We don't need more rockets

[@doords]

The key to success is that get yourself into a low paid internship of a good tech company. Dont waste time doing grunt work and hoping you will get promoted years later. Focus on learning how to get ahead and learn their business and then leave the job and start your own company

[@FrankieJ789]

a lot of it is luck. Some groups dont allow their interns to see or do much.

[@ijyoyo]

That's so inspiring. What a journey so far.

[@thibauddrion8501]

This mark cubain story is absolutely mind boggling

[@davideguerra743]

Early saving and investing money creates compounds growth, it's a beautiful thing.But it takes focus and discipline. You need to be focused enough to commit to a plan and a process. Retried with a 7 figure portfolio and receiving about $143k in dividends. I have been in the stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchase growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy with my FA actually calms me down. Eye on the prize, stay the course!

[@davideguerra743]

Sure! She goes by Donna Jean Boyette , you can search her up on the internet to connect with her.

[@davideguerra743]

Donna Jean Boyette is quite popular on Bloomberg i doubt if there is anyone who is serious on stock trading that doesn't know her.She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance.

[@hautedash]

@@davideguerra743 Is Donna from the Wells Fargo Clearing Services?

[@davideguerra743]

@@hautedash yes , and You can glance her name up on the internet and verify her yourself.

[@shubhz7164]

you can never know what could have happened if you don't ask do Ask, you never know who can help Love this guy

[@nissan38p69]

Your videos are always the best💯 I do receive a notification each time you post a new video.. We'll have regrets for things we did not participate in...Investment should always be on any creative man's heart for success in life.

[@patricklennon1080]

Nice content mate! So happy to announce that I have gained financial freedom by investing in digital currency. Now I know that multi creation of various streams of income is the ideal Principle for financial sustainability.

[@dorathystephanie7702]

I have secured financial freedom by investing in bonds, equities, NFT's and crypto currency the most profiting of them all..

[@opaljeremiahkyle3505]

I wanted to invest more in crypto, but the fluctuations in crypto value discouraged me into dumping.

[@dorathystephanie7702]

@Sunday Macaroni Exactly which is why I will always recommend Expert Arjun B Jagat to all Newbies/greenhorn interested in making bigger profits on crypto. He is reliable and profitable

[@arktom7335]

I have heard a lot of investing with Mr Arjun B Jagat and how good is he, please how safe are the profit?

[@jeffw8218]

Two years later: Their first rocket has been retired. Next rocket won’t launch for another two years. They have zero revenue to date.

[@Empowered_University]

CNBC Make it should be linking the websites of these companies interviewed in the description 🙄

[@glennalexon1530]

Wow- he turned a $100K student loan into a company that loses money. Way to redefine success, CNBC.

[@iuseyoutubealot]

wdym loses money

[@nick_0]

u know companies aren’t gonna be net positive as soon as they start right? 😂😂 investors know this, relativity obviously has a viable business plan

[@SinCity4o1]

This guy's story seems like a story fit for a villain's sidekick that will soon become the villain.

[@Djfjfjrhhrjrhrhfj]

So he cold emails Mark Cuban and then 5 mins later Cuban responds to a complete stranger and tries to wire him half a million dollars without an interview/meeting/etc? I know half a million isnt much to Cuban, but I'm not sure I'm buying that story.

[@Wesley-rn7oc]

Masayoshi Son gave Alibaba $20 million after like a two min conversation with Jack Ma.. Theranos became a $9 billion company with no actual technology, just promises from Holmes. You don't get rich by sitting on your cash.

[@Djfjfjrhhrjrhrhfj]

@@Wesley-rn7oc I didn’t say sit on your cash, I said it’s odd to give a complete stranger a half a million dollars from a cold email without any sort of due diligence

[@johan1471]

@@Djfjfjrhhrjrhrhfj you don't know what in the email it was probably a detailed one with a business plan who knows

[@Djfjfjrhhrjrhrhfj]

@@johan1471 he responded 5 mins later it couldn’t have been that detailed. And even if it was super detailed, you don’t wire 500k dollars to a complete stranger 5 mins after they email you

[@fuadadesokan2435]

I understand your point but would also note it’s possible Cuban just made a verbal commitment. His lawyers will definitely go through the legal stuff and due diligence. I doubt the cash goes out immediately during a funding round.

[@yasinnabi]

this is one of the best videos I have just watched today... thanks for sharing :--==

[@AstorSkywalker]

This must be the guy from that 80s movie Weird Science! Genius!

[@thebrainpal]

1:53... Man this guy is overpowered as fuark 😂

[@jes6628]

So am I getting that correctly? I’ll be honest I didn’t listen to every word I was doing other things, but did Mark Cuban get into one of the future biggest names in space for only $500,000?

[@ransomzac]

Yeah he has a habit of making good investments

[@samuelchebweche5482]

Impressive

[@Rashaadthegr8]

Talk about when your idols become your rivals.

[@السيدالوحش-غ7ي]

MGK-Eminem

[@911Salvage]

He hasn't made it. He's just getting started.

[@mountainman6172]

SV/SF echo chambers: Raising fund for your startup = You made it Then you ask them, What about Profit, Sir? VC and their minions founders= Big man, we don't do that over here. It is a glorified rug-pull imho. The public market will invariably end up holding the bag.

[@amsthe3rd]

Goes to show: ALL dreams have to be big. Can't sit on small ideas and expect them to move. Congrats!!

[@corail53]

No - all this shows is that if you use the correct buzzwords have a lot of connections in the VC world you can get given a ton of money for what is essentially vapourware in the current form. This business will hemorrhage money for years to come and rely on funding rounds to stay alive.

[@amsthe3rd]

@@corail53 We appreciate your take but that's only a spectator's perspective. A quick paraphrase of the grueling work and learning that was invested by this young man. In any event, we meant that small ideas seem to NEVER move. They don't motivate individuals nor attract an audience. This company likely WILL lose much money early on. But if it takes off... That possibility is what excites the crowd. Buzzwords have their utility.

[@yashgamewallah]

Thanks! This video is very valuable❤

[@filippocucina7001]

GOO!!

[@tibsyy895]

Hot Air!

[@lakshanperera9735]

brilliant

[@Djfjfjrhhrjrhrhfj]

Gunna be awesome when future generations get to have interplanetary wars when the humans who live on mars decide to invade earth when the first disagreement arises.

[@AakarshNair]

insane

[@amjads8971]

Lol mark just took him to enter into space technology just because he had worked in Jeff Bezos' space company for short time. This dude benefited from the elite's fight

[@RocketCarpenter]

Its not cliche, sometimes it is in those unplanned moments when Ideas come up. I agree with you it sounds cliche though

[@ibrahimandong1572]

This is what I live for

[@investavenue]

AMAZING

[@kakerake6018]

lmao jeff says the exact thing i imagined him saying

[@morrisjowas5039]

Very inspiring. Maybe you could stop this whole 'wrote the idea on restaurant napkin' cliche though.

[@endofdays7568]

Its a viable business model

[@jocksavage3911]

I didnt think Cuban was that SMART UNTIL NOW.... also

[@shawnthomson9109]

"Bezos, Musk, Branson" 🤣 It should be "Musk and those other dudes" 😎

[@XO43137]

Yes. Engineers are highly underestimated. And I studied architecture ... It taught me how to desigñ a currency that values creating sustainably. That's good. :)

[@omegajonathan4754]

I must also Be like this guy when I grow up but it is hard cause I’m in uganda but I also want to be an engineer

[@Applesauce56]

Is there an IPO yet from this company

[@AntonSlizzardhands]

One billion dollars is a ton of money. I'm curious to know his company's debt to income ratio.

[@williambardsley7540]

Probably very negative, as its highly unlikely they have a positive net income and probably have lots of debts. The $bns valuation is not tradeable as well its just a dumb number came up with PE/VC people to try and pump up the stock as they go through funding rounds.

[@temper44]

Why does their debt or income matter at this stage, they don't even have a product yet.

[@raul9937]

Time horizon is way longer. This is like building roads into uncharted territory, its category shaping. This is where the venture part comes into play.

[@corail53]

It's going to be all debt - no income for the next decade at least. These guys are going to burn through all the current cash and it will be yet another company solely surviving off inflated funding rounds.

[@corail53]

@Richaroo Which is such nonsense. It is very stupid how that became a thing and we are currently seeing how that has played out. All these insanely high p/e tech darlings are getting slaughtered in the markets because they have nothing and no moat.

[@perspective8369]

Finally another ceo like Elon musk. Someone who understands the problems at hand and works to solve them and doesn’t care about money

[@leonardfoster2155]

So can i have that email i need funding over at LFP Space.

[@HandlewasNo]

How can I short this before they go public?!? Seems like shooting fish in a barrel

[@user-dr2pg8fk2i]

The napkin story? Sounds like a trope.

[@chipsun2504]

How to make it next, We just need a space 3D printed nft blockchain that does machine learning while in flight and sell that to all genius on the internet.

[@jocksavage3911]

"there is another Skywalker..."

[@Rashaadthegr8]

We the same age and I am debt free. Time I step my gam up.

[@PierreEpage]

Many a great idea... started on a coffee shop napkin

[@anc2242]

…..that napkin is the key

[@johnpatrickoldfield534]

Always tricky about who to ask for funding.

[@playframe6231]

"Im one of the richest people in the world" as an explanation for something is very telling that it is a vanity project for him, not a serious effort.

[@maribethcondrillon1079]

Yes 🥰

[@dac8939]

Easy. Just a small loan of a million dollars

[@gatecrasher1970]

elon is an alien nobody human could have ever made those schemes up

[@Narwaro]

Wait internships can be paid?

[@celdur4635]

Fund and or hire Engineers when the objective is to push technology forward, hire MBA's and accountants (the unscrupulous ones) when you want pure profit but, beware that the company will get behind in tech vs the competition in the medium to long term.

[@no1no1655]

the young man thinks like a billionaire. I predict he'll be there.

[@corail53]

Most likely not.

[@pj5295]

@@corail53 he literally just launched a rocket few days ago, most likely he will be a billionaire, that is if he isn't already.

[@RaymondSamuray]

Rocket Lab ?

[@DynamiteSushi325]

Tim will be the next Elon Musk. 100%

[@georgeb.3292]

Nahh

[@xpengfangirl7942]

what do you mean, the goal of humanity is to have 1 trillion dollars? and 9 billion sheep will be happy to give all their money and not have their own space ships to explore the galaxy with?

[@killercon2735]

@@xpengfangirl7942 'sheep' 🤓, youre so woke

[@corail53]

No one will know his name in a month

[@xpengfangirl7942]

@@corail53 Spyros Panopoulos

[@dawidwtorek]

Yeah, but how much do they make in terms of revenue?

[@dac8939]

2 cents

[@corail53]

No revenue. We are looking at a zombie company in the making.

[@dg_dotnet9616]

If tim cook and elon musk had a son . thats it !

[@corail53]

Not worth 4.2 billion$ - VC folks are out to lunch with these valuations.

[@ariantamunthe9391]

Thanks Elon for Making Space Business for Private possible

[@rustlerboi1052]

A lot of this is oversimplifying how a rocket is made. They have an overweight vehicle (so far) that hasn't launched yet after over a billion in funding. I think "if" they succeed, it's because they pivot towards simply doing the right thing to get a rocket to orbit, and making an incremental improvement on 3D printing.

[@xenialvirtuoso]

$4.2 BILLION? They don't even have a single launch! If that's not hype, idk what is.

[@idonotlikethismusic]

The interviewer needs to do better. Calling something "insane" and "crazy" is middle school talk, not how a professional journalist should be discussing his topic. Otherwise, kudos to Relativity Space.

[@Yomamaissoo]

I bet this week his market valuation is cut in half :)

[@lulemuhammed2260]

Intro to rocket science. Elon ur the best

[@REMOV28]

I'm half way there...I'm only 50k in debt

[@sarveshm6779]

ok, now i need Mark Cuban's mail; coz i wanna start my own company.

[@chuckscott-cy7iq]

Have u found his email yet?

[@ravaz1]

Another front company

[@dkbb12]

In celebration of Relativity's historic first launch! kzbin.info/www/bejne/mn7Rl2yueaihZtU

[@businessacc3779]

How much is $3000 a month in your country's currency mine is k54000 practically what people make a year

[@jeffdorris5321]

🕶🙌

[@dogefromthefuture]

Imagine being valued at 4.2 billion dollars without successfully launching anything and having a company logo that looks like a uterus 👍

[@dogefromthefuture]

Bernie madoff: scams millions This guy: Hold my beer 🍺

[@p-i-n-k5960]

guess what

[@BobSmith-jf8dt]

RUG

[@maribethcondrillon1079]

Wow 💕 it

[@teenytinytoons]

If you’re telling me this is nurture, gtfoh. This was clearly nature. People in their 30’s and 40’s don’t even know what they want to do in life. Some people just have their path laid out from the day they were born.

[@forfucksakecomrade]

Im inclined to agree with you but just to play devils advocate, do you think it was his natural curiosity or his surroundings that played a bigger part?

[@teenytinytoons]

@@forfucksakecomrade it started at an extremely young age. Most children experiment with different things. Very few children just stick to one thing at that young of an age imo. I think both nature and nurture will always play a part but I think In this case I feel it is heavily skewed toward the natural side. I will give him credit as an adult for recognizing and maximizing this natural curiosity in this one domain though. But nah. He had it made from the get go.

[@peterkovacs4]

History taught me to look around twice when white people start to build rockets.

[@xpengfangirl7942]

anyway, AI soon conscious and will just shave these fake MakeIt heists, Rocket launching is so great for humanity, fireworks were always fun.

[@anthonywalker6168]

Honestly, let’s solve micro plastics in the oceans before we fly rockets and bla bla

[@danielcarrasco768]

Do Something About It Then, bla bla...

[@thedreamer1527]

Yeah you should start we will follow

[@bubumic2971]

If it breaks i have the solution but it costs you 100.000.000 $$ :)

[@namudoreen2430]

Hello guys greetings from Uganda please support us with food

[@chuckscott-cy7iq]

No. Help yourselves by not making babies that you can't afford to feed.

[@chrisbravo7997]

Blue Origin over SpaceX 🤢

[@avefreetimehaver5154]

This sounds more like a dig at amazon and student debt more than anything else.

[@chrisr326]

These stories seem to have Nudge-ing embedded in them. Agendas

[@savannahmiddlefield616]

This startup has no real competitive edge. 3d print is cool… but where is your rocket that actually fly? Probably get the same fate as blue origin… gonna fly no real rocket.

[@akashsaini100]

LEGO..... thats an expensive hobby !

[@tmzz3609]

3:35 What ridiculously stupid interview questions........

[@neslymarcellon5744]

This is one of the steps for Rise of the machines. Let an AI get full autonomy and they will come back from mars and invade us..lol..

[@sapito169]

american are crazy with student loan

[@cold7564]

Then Elon ends up buying this company 😂🤣

[@xpengfangirl7942]

we want Elon to buy the world up? Is that where we are going to?

[@xpengfangirl7942]

so 5 billion in other people´s money, what is the payback? How many square feet do we want, a trillion feet, to show we are "big"?