00:00Mistakes are part of development, not the end of it.
00:03Iteration instead of perfection.
00:06Startups launch early, often, and publicly.
00:09That's a culture that has so far
00:12mostly been associated with the USA.
00:15Now it's emerging in China as well,
00:17although with different political conditions.
00:20That speeds things up.
00:22Secondly, standardization and scaling.
00:24It's no longer just about a cool prototype.
00:27Many teams are building production lines,
00:30modularized upper stages, and standardized tanks.
00:34That's important if you really want to reduce the cost per launch.
