October 6, 2004 -- When Bill Gates and Paul Allen founded Microsoft in 1975, they shot for the stars and succeeded. More recently, Allen shot for the stars again. The two successful launches of his SpaceShipOne won the $10 million Ansari X Prize competition for private, manned space flights. This feat may ultimately do for private space ventures what Charles Lindbergh's crossing the Atlantic did for commercial aviation. The success of these enterprises obviously depended on such factors as genius, guts, and foresight. It also depended on the less obvious absenceof something—government regulation.


