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Open Lunar Foundation unveils moon village plan

Moon base
As shown in this artist’s conception, the European Space Agency is already laying plans for a “Moon Village” on the lunar surface, complete with 3-D-printed habitats. (ESA / RegoLight / Liquifer Systems Group)

After spending five years in semi-stealth mode, a San Francisco venture called the Open Lunar Foundation is talking about its plan to create a settlement on the moon at a cost in the range of $5 billion.

“At $5B, it’s not only achievable within current NASA budgets, it offers the tantalizing possibility that a single passionate individual could fund the entire program as their legacy!” Silicon Valley venture capitalist Steve Jurvetson said today in a tweet.

Details about the campaign came to light in a Bloomberg News report, which said Jurvetson provided the nonprofit foundation’s initial funding. Open Lunar currently has a “war chest” of about $5 million, with aspirations of raising more funding for hardware as well as policy initiatives, Bloomberg’s Ashlee Vance reported.

The idea of having a nonprofit group lead the charge for a moon settlement, as opposed to a government program, may sound a bit airy-fairy — particularly since it’s not coming directly from the likes of SpaceX CEO Elon Musk or Amazon CEO Jeff Bezos, founder of the Blue Origin space venture.

But this is not just any run-of-the-mill nonprofit group.

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Venture capitalist leaves firm amid controversy

Venture capitalist Steve Jurvetson is leaving Silicon Valley’s Draper Fisher Jurvetson investment firm to fight accusations related to a sexual harassment investigation. Jurvetson, an early backer of Elon Musk’s SpaceX rocket venture and Tesla electric car company, said in a tweet that he was leaving the firm “to focus on personal matters, including taking legal action against those whose false statements have defamed me.”

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Financing lessons from the final frontier

Steve Jurvetson
Venture capitalist Steve Jurvetson talks about investing in SpaceX during “A New Space Age,” a conference presented by The Economist at Seattle’s Museum of Flight. (GeekWire Photo / Alan Boyle)

Few space geeks are geekier than Silicon Valley venture capitalist Steve Jurvetson: His office at Draper Fisher Jurvetson in Menlo Park, Calif., is festooned with far-out artifacts including salvaged parts from Apollo spacecraft and a pizza-sized slice of moon rock.

But for Jurvetson, space isn’t just a hobby – it’s a big part of his livelihood. He’s on the board of SpaceX, and helped throw a lifeline to billionaire founder Elon Musk when he was on the verge of bankruptcy in 2008.

Today, privately held SpaceX is thought to be worth more than $21 billion, and as managing director of DFJ, Jurvetson can take some of the credit for Musk’s success.

During a fireside chat at today’s “New Space Age” conference, presented by The Economist at Seattle’s Museum of Flight, the 50-year-old investor shared lessons learned from his involvement with SpaceX, Planet and other ventures.

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