Steve Case is excited about speed.
Specifically, a Mach 5 aircraft that will be capable of getting from New York to London in 90 minutes, about twice as fast as Concorde and five times the speed of current transatlantic flights.
Hermeus is just one piece of a larger argument Case has been making for years. Now running investment firm Revolution, he invests in places outside of traditional venture hubs. It’s a move that seemed counterintuitive when all the money was to be made in Silicon Valley in the last decade, but now appears more prescient after the Covid-19 pandemic reshaped where people live, work and raise money in the US.
For the past decade, Case has been building up Revolution and making the case for injecting money outside of traditional venture capital powerhouses, making more than 200 investments across the US.
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