[AR] Re: V$$ Unity powered flight
- From: snyder@xxxxxxxxxx
- To: arocket@xxxxxxxxxxxxx
- Date: Sun, 8 Apr 2018 10:11:02 -0600
From: William Claybaugh <wclaybaugh2@xxxxxxxxx>
Date: Sun, 08 Apr 2018 05:14:57 +0000
Subject: [AR] Re: VSS Unity powered flight
On Sat, Apr 7, 2018 at 8:21 PM Ray Rocket <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
You keep talking of VG investors. Isn't VG wholly owned by the Virgin
Group?
If so, it probably isn't a significant expense for the parent company.
--------------------------------------------
On Fri, 4/6/18, William Claybaugh <wclaybaugh2@xxxxxxxxx> wrote:
I have heard that Richard Branson pretty much sells off all the old
businesses to fund the new one. The record company was liquidated to
go 'All-In' on the airline. I think he has plenty of "skin in the game."
But also consider: Wiping out the investors (or just letting them sit
and rot with no returns) would produce a company that was created
at no cost, and competes with business created with an obligation for
return on investment. (loans, bonds, honest founders, etc.).
Investment success, commercial success, or just competitive success
could all have different meaning.
As the saying goes: "Don't compete with fools, they will go bankrupt
hurting you"
-Gar.
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- » [AR] Re: V$$ Unity powered flight - snyder