How I Invest with David Weisburd

E153: Blake Scholl on Boom Supersonic: Learning from Elon Musk & SpaceX

23 snips
Apr 8, 2025
Blake Scholl, the visionary Founder and CEO of Boom Supersonic, shares his journey of resurrecting supersonic flight, moving from a bold idea to securing billions in pre-orders. He recounts crashing a party to pitch Richard Branson and how a cardboard prototype turned into a billion-dollar narrative. Blake dives into the challenges of building the XB-1 jet, the significance of emotional payoff for teams, and the revolutionary concept of 'boomless' flight. Expect insights on raising capital and navigating the ambitious realm of aerospace innovation!
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ANECDOTE

Crashing the Party

  • Blake Scholl crashed Richard Branson's Virgin Galactic rollout event and secured a $2B commitment from Virgin.
  • This deal occurred just 24 hours before Y Combinator's Demo Day, turning potential failure into a resounding success.
ADVICE

Pitching Billionaires

  • When pitching billionaires, don't directly ask for money; ask for product validation.
  • Instead of seeking investment, offer them exclusive access to your product, like pre-ordering options.
INSIGHT

De-risking Hardware

  • Hardware startups must demonstrate product usefulness before building to mitigate market risk.
  • Unlike software, where testing is cheaper, hardware requires early customer validation to justify large investments.
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