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The Times Tech Podcast

Sir Richard Branson: "Moon hotels"

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9654 Ratings

🗓️ 25 May 2018

⏱️ 47 minutes

🧾️ Download transcript

Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Sir Richard Branson to talk about how he chooses ideas (4:40), investing in Memphis Meats (7:00), bringing billionaires together on Necker Island to invest in startups (8:30), setting up a $2bn fund with TPG (11:45), starting Virgin at 15 (13:00), what works (15:30), why he has backed Hyperloop (18:25), what problem it is solving (20:10), how short haul flights will be hurt by Hyperloop (23:15), why India will start with passengers by 2022 (25:40), the bar at Necker (26:20), why he has spent $1bn on space tourism (27:35), launching the first satellite rocket in September (30:30), and the first commercial space flight this year (31:50), lunar tourism (33:30), the resurgence of vinyl (37:15), whether #metoo has changed how he markets and does business (38:40), why he’s not interested in eternal life (39:50), kite surfing (41:20), and why he hasn't retired (42:45).

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Transcript

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0:00.0

Hello and welcome to Danny in the Valley, your weekly dispatch from deep inside the Silicon Valley Future Machine.

0:08.1

Before we get today's show with Sir Richard Branson, which is great.

0:13.3

Just a very quick heads up.

0:15.1

Next week, if all goes well, we will have two pods for you, a double episode.

0:20.8

Got some very cool stuff cooking, so please don't miss out on that.

0:25.1

And also, before we go any further, go to Apple Podcast, give us a rating and review, you know, maybe write a few words.

0:32.3

Please, just press pause right now.

0:35.2

I'd appreciate it.

0:36.5

My life depends on it. My. My life depends on it.

0:38.1

My son's life depends on it.

0:40.3

Okay, the stakes aren't that high, but do it anyway.

0:43.5

Please, for me.

0:44.7

Now, on to today's show.

0:48.7

Yo, technology.

0:51.5

What is it all about?

0:52.7

I mean, my instinct is that the end of my lifetime and in my kids' lifetime,

0:59.6

that there will be pods traveling throughout the world and connecting the world much more quickly.

1:05.9

Thank you for tuning in. Today on Danny in the Valley, we have none other than Sir Richard Branson,

1:11.8

the bearded billionaire behind Virgin Atlantic, Virgin Music, Virgin Galactic, Virgin Hyperloop 1,

1:19.1

Virgin Orbit, all kinds of stuff. Now you may be thinking, well, why do you have Richard

1:24.5

Branson on a tech podcast? Well, for one, he has backed lots of startups from Ring, the video doorbell company that Amazon just bought for a billion dollars, to transfer-wise, the money transfer giant, which is also a unicorn and a bunch of others in between.

1:42.8

But he's also directly involved in things like Hyperloop

...

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