The race into the space economy is on as more publicly traded companies are entering the tech-driven landscape, an industry previously exclusive to government agencies or private developers. Space Capital Managing Partner and Founder Chad Anderson sits down with Yahoo Finance Live to discuss the expansive portfolio of companies with exposure to space technology and what the venture capitalist investor is looking for.

"We're getting in as pretty much the first institutional check into a company, so about five to seven years away from the public markets, but what we're looking for at that stage is really founders who understand the technology that they're working with... the infrastructure... the satellite hardware... the market in which they're operating in," The Space Economy author explains. "There are some nuances here that make this a unique category to be investing in and to be building innovative solutions in."

Anderson also touches upon the forecasted growth of the space sector in coming years and how space company investments can benefit other industries.

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This post was written by Luke Carberry Mogan.