Bluffing Millions in Financial Backing

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Abstract/Contents

Abstract
Inspired by Charles Lindberg's Spirit of St. Louis, X PRIZE founder and space entrepreneur Diamandis, Peter explains to interviewer George Zachary of Charles River Ventures that offering a high profile cash reward can often be more financially advantageous - and more aggressive in moving forward a societal push - than simply funding a good idea. Diamandis describes his incredible quest for funding, pitching hundreds of potential benefactors without success. Not to be deterred, he announced the first X PRIZE contest with no competing teams and not a penny of the $10 million prize money on hand. His unbelievable tale grows even longer as he describes how funding came from a bet placed with a space insurance company, and how he had to scramble for the $50 thousand premium every month.

Description

Type of resource moving image
Extent 1 digital video file
Place Stanford (Calif.)
Date created April 23, 2008
Language English
Digital origin born digital
Sound content sound
Color content color

Creators/Contributors

Speaker Diamandis, Peter H.

Subjects

Subject Entrepreneurship
Subject Business
Genre Filmed lectures

Bibliographic information

Location https://purl.stanford.edu/ft018nw2194
Location SC1209
Repository Stanford University. Libraries. Department of Special Collections and University Archives

Access conditions

Use and reproduction
The materials are open for research use and may be used freely for non-commercial purposes with an attribution. For commercial permission requests, please contact the Stanford University Archives (archivesref@stanford.edu).
Copyright
Copyright © 2008 The Board of Trustees of the Leland Stanford Junior University. All rights reserved.

Collection

Stanford Technology Ventures Program, Entrepreneurial Thought Leaders Seminar, videorecordings

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