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Virgin Hyperloop One Confirms $50M Funding, Branson As Chairman

socalTECH

Los Angeles-based Virgin Hyperloop One confirmed on Monday afternoon that it has raised $50M in new funding, and namd Sir Richard Branson as Chairman of the company. According to Branson, the new investment by Caspian and DP World will help it pursue opportunities in key markets in the Middle East, Europe, and Russia.

Funding 133
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8 Ways New Venture Founders Create Whole New Markets

Startup Professionals Musings

This is a statement that they are willing and able (and successful) at projecting market and technology turns, not just straight-line innovations. They have the courage to make bold decisions, often contrary to conventional market research. For real entrepreneurs, crazy is a compliment, and the new market may be just around the corner.

Marketing 157
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Virgin Orbit Abandons Securities Offering

socalTECH

Mojave-based Virgin Orbit, the Sir Richard Branson-linked company which is working on launching satellites into space from a modified 747, is abandoning its efforts to sell more stock in the now public company. According to a statement from the company, it has "elected not to proceed with an offering", citing "current market conditions".

Marketing 100
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Eleven Startup Tips From Richard Branson

InfoChachkie

It is undoubtedly impressive that Richard Branson has motivated a government organization and hundreds of intelligent, affluent people to commit millions of dollars to secure a service that does not yet exist. In October of 2011, the company announced a $4.5 According to Richard, “You don’t learn to walk by following rules. 9) Be A Bro.

Tips 264
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Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

Others, such as Walt Disney and Richard Branson never even enroll. Richard Branson – “My mother was determined to make us independent. There is little likelihood that the value proposition you initially explore is the go-to-market strategy your venture will ultimately pursue.

Tips 279
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Tradesy Finds $13M for Fashion Marketplace From KPCB, Others

socalTECH

In a significant vote of confidence for Santa Monica-based Tradesy , the peer-to-peer marketplace headed by Tracy DiNunzio, has raised a $13M funding round from Kleiner Perkins Caufield & Byers, Sir Richard Branson, Rincon Venture Partners, Bee Partners, Northgate Capital, and others. The company announced the investment on Monday.

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6 Key Tenets Of A Winning Marketing Story In Business

Startup Professionals Musings

In my role as a mentor to entrepreneurs and an angel investor, I find that too many are stuck in this myth that a good pitch, and good marketing content, should consist of more product features, and more hype on customer benefits. With the current data overload, we remember someone who does more than inform us.