The Rise and Fall of Richard Branson

Sir Richard Branson is one of the most successful and high profile businessmen in the world. But his recent business ventures; Virgin Galactic, Virgin Orbit, and Virgin Hyperloop have become disasters.

0:00 - 3:08 Intro
3:09 - 6:37 Rise of Richard Branson
6:38 - 8:50 Virgin Galactic
8:51 - 10:44 Virgin Hyperloop
10:45 - 13:15 Virgin Orbit
13:16 Reasons for failure



#Wallstreetmillennial #virgingalactic #virginorbit

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[strugglingengineer]

hyperloop, the billionaire breaker, transporting you at sound speed towards bankruptcy.

[patmat.]

... or when a Marketing guy tries to manage Engineering, how many times have we seen that failure.

[begbieyabass]

I worked in one of Bransons hotel back in the 80s for my 21st birthday I got a return ticket to New York. An amazing people person .briliant business man. His staff love him.

[GaryARahn]

People are quick to criticize people who think big and fail.
I admire him.

[tomkandy]

Ever since the earliest days of Virgin Galactic, I've been incredibly skeptical of there being enough market for it, and I'd love to see how Branson was convinced that there was. The tickets are $500k, a level where surely only UHNWI would be interested. There's only 80, 000 of them, and how many of those would be young enough, and risk-taking enough to want to do it? How many would be willing to pay that much, still not pocket change even for a multimillionaire, for a few minutes of suborbital flight? It's mystifying.

[butters]

He was the "Elon" while I was in school 😅

[tentimetex]

Branson purchased the uninhabited island back in 1978, early on his career when he was building Virgin Records, and not after the Virgin media sale. He bought it for ''next to nothing'' a couple thousand pounds at the time. @6:21

[niner]

Apart from being very informative, I like the style a lot. Especially the lack of an narrator's face constantly being jump-zoomed in and out every few seconds! Something I can actually comfortably watch without getting anger issues! 😊👍... And so I hit the subscribe button! 😎

[blinkingred]

So he is a music/salesman who got insanely lucky and is now getting himself trapped in high complexity businesses beyond his scope of understanding.

[patrickmckeag]

Excellent video. People like Branson are always brought down by their hubris. He could have stopped while he was ahead, but his massive ego led to his inevitable downfall. It's a classic story which has been going on since the dawn of civilization.

[BEATNIKMACHINE]

My Brothers ex girlfriend used to work for him in Cape Town and he is not an egotistical guy at all so all those talking about his ego might want to talk from experience or at least from someone that knows him or knew him. Poor guy. Wish him well but when you have that kind of money you never really run out.

[SK-legm]

Virgin Records was one of the key reggae labels of the 70s. and so, he took Johnny Rotten to Jamaica after the Pistols broke up and his friend Sid died. Richard Branson helped give the world Public Image Limited. Thank you, Richard.

[anograsek]

Richard Branson says he didn't know the difference between 'net' and 'gross' until he was in his fifties. He is just a lucky risk-taker. Anybody that took 5 minutes to review the hyperloop's science knew it was impossible.

[nickmoloney]

Virgin success is founded solely on Tubular Bells, Mike Oldfield's Incredible album deserves a mention

[telsurrey]

My wife and I once got a partial refund of our air fare across the Atlantic from Virgin for price-fixing with British Airways. Not always the 'good guy'. BTW the record that 'made' Branson was Tubular Bells, an iconic album of the day. Another thing, he escaped a prison sentence for tax avoidance by his record company, because his daddy knew the 'right people'

[georgevue]

I will still admire him even if he does go bankrupt. He has lived an amazing life.

[andrewjenery]

At least he was one of a very few that lived the dream and for many decades when most wouldn't know where to start.

[mp-noyv]

Good video as usual. As a Brit in my mid-60's I have known about Branson since he first came to fame in the earlly 1970's. He has always been a clever self-publicist with a huge ego, more style than substance. His first major success (after many failures, including an overnight stay in prison for VAT fraud) for Virgin records wasn't the Sex Pistols. It was Tubular Bells by Mike Oldfield. It made him a millionaire in 1973. For the true story on him, try reading the unauthorised biography of him by acclaimed journalist Tom Bower. It was described by one major British reviewer as 'one of the most devastating books of the year. A damning indictment of one man and his methods.'

[truthteller]

A man with balls that most wouldn’t have the guts to risk. He’s demonstrated that hard work and vision (dreams) you can achieve your goals. Respect

[conradmanove]

I am an admire of risk takers... ALL off us will just sit, watch, criticise or Adore them... Branson has not failed.. he will only fail when he gives up...God bless him