Draper Fisher Jurvetson, the VC firm he founded, said Tuesday it had launched an inquiry into Jurvetson a day after an entrepreneur alleged that “predatory behavior is rampant” at DFJ. The woman, Keri Kukral, did not name Jurvetson in her Facebook post.
“DFJ has never received a complaint about the professional conduct of any of our partners or investment professionals,” DFJ spokeswoman Carol Wentworth said in a statement to Recode. “Earlier this summer we became aware of indirect and second-hand allegations about one partner, Steve Jurvetson. We immediately opened an independent investigation, which is ongoing at this time.”
“Women approached by founding partners of Draper Fisher Jurvetson should be careful,” wrote Kukral, who runs a startup called Raw Science, which has not received DFJ funding in the past. “The situation I found myself in is personally atypical and I’ve not been in any other situation remotely like it. I was not seeking investment or trying to further my career.”
Since Elon Musk unveiled his Big [Expletive] Rocket (BFR) in Adelaide last month, there has been a lot of analysis of the engineering aspects. Musk’s Ask Me Anything session on Reddit was an engineer’s dream, with the billionaire providing detailed answers about the Raptor engines, thrust to weight ratios and a host of other technical issues.
Amid all the technical talk, there has been little attention paid to what a giant leap this venture is for Musk, SpaceX and possibly the entire human race. Not only will BFR be larger and more powerful than any other rocket ever built, the audacious things Musk wants to do with it – ranging from point to point transportation on Earth to satellite delivery to sending colonists to the moon and Mars – are on a scale never before attempted. They are certainly beyond anything contemplated by the world’s space agencies.
The U.S. Air Force has awarded an additional $40.8 million to SpaceX for the development of its Raptor rocket engine.
The funding, awarded under the Evolved Expendable Launch Vehicle program, involves the extension of a $33.7 million contract originally awarded in January. SpaceX agreed to spend $67.3 million under the jointly funded program under the original contract.
Elon Musk conducted an Ask Me Anything session on Reddit on Saturday. Below are selected responses to questions. A full list of questions and answers is located here.
Will be starting with a full-scale Ship doing short hops of a few hundred kilometers altitude and lateral distance. Those are fairly easy on the vehicle, as no heat shield is needed, we can have a large amount of reserve propellant and don’t need the high area ratio, deep space Raptor engines.
Next step will be doing orbital velocity Ship flights, which will need all of the above. Worth noting that BFS is capable of reaching orbit by itself with low payload, but having the BF Booster increases payload by more than an order of magnitude. Earth is the wrong planet for single stage to orbit. No problemo on Mars. (more…)
An interesting analysis of SpaceX by Morgan Stanley.
SpaceX could become a $50 billion juggernaut through its launch of a satellite broadband network, a team of Morgan Stanley analysts wrote in a report Thursday….
Morgan Stanley says SpaceX developing reusable rockets is “an elevator to low Earth orbit.”
“When Elisha Otis demonstrated the safety elevator in 1854, the public may have struggled to comprehend the impact on architecture and city design. Roughly 20 years later, every multistory building in New York, Boston, and Chicago was constructed around a central elevator shaft,” Morgan Stanley said. “It all comes down to SpaceX.”
Reducing the cost to launch a satellite to about $60 million, from the $200 million that United Launch Alliance charged through most of the last decade, was a monumental breakthrough. SpaceX is trying to reduce its cost to $5 million per mission, and Morgan Stanley says the launch business “generates limited operating income.”
The U.S. Air Force issued a request for proposals (RFP) last Thursday for a new launch vehicle to handle national security space (NSS) requirements.
“The goal of the EELV acquisition strategy is to leverage commercial launch solutions in order to have at least two domestic, commercial launch service providers that also meet NSS requirements, including the launch of the heaviest and most complex payloads,” the proposal states.
“The Launch Service Agreements (LSAs) facilitate development of at least three EELV Launch System prototypes as early as possible, allowing those launch systems to mature prior to a future selection of two NSS launch service providers for Phase 2 launch service procurements, starting in FY20,” the proposal adds. (more…)
Video Caption: Elon Musk revealed the update to SpaceX’s highly anticipated and ambitious rocket, the BFR or the Big (FALCON) Rocket. We compare this version of the BFR to last year’s version as well as speculate about SpaceX’s mind blowing plans to head to the Moon, Mars as well as anywhere on Earth within one hour!
John Logsdon has spotted a potentially showstopping problem with Elon Musk’s plans to fly people point-to-point using his humongous rocket.
“It is a very attractive prospect, but I think extremely unrealistic in any relevant time frame,” Logsdon told CNBC in an interview….
Passengers on a spacecraft are subject to forces that are as much as five times the force of gravity as they accelerate into space, then are in microgravity or zero gravity for the duration of the flight. They get hit with the G-force again on landing, he said.
“The idea that a typical airline passenger would be able to go through the experience just doesn’t compute,” he said. “Musk calls all of this ‘aspirational,’ which is a nice code word for more than likely not achievable.”
However, Logsdon did say Musk’s presence and his work is healthy for the industry overall.
“I think the phenomenon called Elon Musk is fascinating and serves as a kind of beacon of hope that there is a better space future ahead of us,” he said, “and the transition from that beacon to reality will almost certainly take longer than Elon and his supporters hope.”
Video Caption: Elon Musk presented the latest updates on SpaceX’s long term plans for their ‘BFR’ at the IAC in Adelaide. I now have an inbox of messages asking for my take on it all so – let’s talk about the plans that he presented.
The main points are the BFR (Big Rocket) is now a lot smaller than the original design, it still uses 2 stages and refuels in orbit enabling it to go to Mars, but now it’ll also be setup as a satellite launch vehicle, cargo ship able to visit ISS and the surface of the moon. But most surprisingly, and perhaps least realistically, he pitched a new passenger design intended to carry people halfway around the Earth at hypersonic speeds.
SpaceX CEO Elon Musk introduced a renamed version of his Martian colonial transport vehicle on Friday that was simultaneously shrunken somewhat in size but much larger in its ambition.
The big change in the newly renamed BFR — for big effing rocket — involved reducing the number of first stage engines from 42 to 31 engines. Despite the reduction, the second stage booster/spacecraft would still be capable of carrying up to 100 people to the Red Planet.
The biggest change involves BFR’s scope. Not only would it the basis for building a Mars colony and moon base, it would completely disrupt terrestrial transportation by taking passengers between any two spots on Earth in less than an hour.
The International Astronautical Congress has been going on all week down in Adelaide, Australia. In addition to Elon Musk’s presentation on Friday and some news I’ve already posted here, there have been a few updates on various programs.
Boeing CST-100 Starliner. Boeing is aiming for a test flight of the CST-100 Starliner to the International Space Station in the third quarter of 2018. However, the first crewed test flight could slip from the fourth quarter of 2018 into the first quarter of 2019. Link
Rocket Lab. The company’s next test launch will carry will two Dove Cubesats from Planet and a pair of Lemur CubeSsats from Spire Global. The satellite will allow Rocket Lab to test deploying spacecraft from the second stage of its Electron rocket. The launch is planned for several weeks from now. Link
Long March 5. The failure of a Long March 5 booster in July will delay the launch of China’s Chang’e-5 lunar sample return mission, which had been scheduled for November. The Chang’e-4 mission, which will land on the far side of the moon, also will be delayed. That flight had been scheduled for late next year. The accident investigation is ongoing. Link