Originally Posted by
David Puddy
For the naysayers, BOOM just received $33 million in funding for their first test airplane (smaller than actual to test the design, etc.):
How's that saying go? A fool and his money are soon parted?
I congratulate Boom on getting folks to pony up some cash. But that has absolutely no bearing on them actually fielding an aircraft. Lots of VC firms have lost a lot of money over the years betting on something they thought was going to be the new hotness.