Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by buckminster on Thursday October 12, 2017 @12:56PM
(#15459386)
Branson's business model is selling the right to use the Virgin brand to other companies. The article doesn't say he made an investment. It is rather more likely that they paid him.
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Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by Digit-Al on Friday October 13, 2017 @04:52AM
(#15464063)
> The article doesn't say he made an investment.
Actually, from the article:
> Hyperloop One has received a significant investment in Hyperloop One
And from the page linked to in that paragraph:
> Delighted to announce Virgin Group’s investment in Hyperloop One
Not exactly ambiguous.
Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by vidarh on Thursday October 12, 2017 @10:33PM
(#15462897)
Is that actually the case? My impression is that the vast majority of companies bearing the Virgin brand was either started by Virgin Group, bought by them, or has seen a significant investment. Many have since been divested again, and continued to license the brand, but I've not heard about any cases where they just licensed the brand without other financial involvement. Maybe I've just not paid attention?
Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by gsnedders on Friday October 13, 2017 @07:12AM
(#15464610)
https://en.wikipedia.org/wiki/Virgin_Group#Subsidiaries_and_... shows the majority being 100% owned by the Virgin Group, though notably none of the airlines nor rail operators are.
Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by puranjay on Thursday October 12, 2017 @02:21PM
(#15460033)
So basically Trump with more class?
Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by neuronexmachina on Thursday October 12, 2017 @02:53PM
(#15460326)
...and fewer bankruptcies.
Re:Hyperloop One Becomes ‘Virgin Hyperloop One’
by zimpenfish on Friday October 13, 2017 @04:47AM
(#15464050)
Although if you believe Private Eye about the state of Virgin's finances (convoluted, shifty, and blistering opaque), this may or may not be true.