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"We had to get into the financing space to be able to deliver a solution to our franchisees," said Peter Taunton, founder and chief executive of Snap Fitness, a national gym chain based in Chanhassen, Minn.
In the meantime, instead of using the Ares I to transport astronauts to the International Space Station, $6 billion of the budget would instead go to financing space taxi services from commercial companies — another controversial change.
Who that is, I haven't been able to confirm, although if my information is correct it broadly plays in the home financing space.
"Kabbage is rapidly reshaping the small business financing space in the same way that PayPal reshaped the payments space over the last decade," said Thompson.
Singapore-based auto classifieds Carro has a double whammy of news today — it has moved into the vehicle financing space and raised $12 million more from investors.
In contrast to France's announcement on 30 November to collaborate directly with NASA on Mars exploration, Bulmahn said Germany planned to keep working within the framework of the European Space Agency and would press to continue reforms already underway to streamline the agency's administration, as well as pressure German industry to take a greater role in financing space missions and research.
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Watch the finance space!
The $25m needed for Mr Rutan's privately financed space programme was put up by Microsoft billionaire, Paul Allen.
"To us he was just some shadowy figure in the finance space," said a former technology executive at Nortel.
However, Musk has taken this to a whole new level, betting everything on more than one occasion – on the disruption of the finance, space (rockets) and automotive sectors.
U.S. OPEN PREVIEW, SECTION F First Space, Then the Prize The goals include a $10 million prize and, ultimately, privately financed space travel.
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