Posts Tagged ‘crowd funding’

The Space Elevator


11 Sep

I recently linked to the 16 Kickstarter projects that could destroy civilization. One of those projects was the re-birth of the Space Elevator. Michael Laine of LiftPort Group was looking for $8,000. He got $70,000.

Believe it or not, this is a problem. While $70,000 is a lot of money, it’s really nothing when it comes to the costs of building technology needed for a lift system that one day will carry things into space. He’s hoping the backing of 2,300 ordinary people will impress angel investors enough to convince them to give him the kind of money he needs.

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