
what this company needs is a
Liz Holmes is going to be looking for new work soon. These jokers should bring her on and go full rainbow unicorn.
Tensions at the tube-traveling startup Hyperloop One have burst into the open with a lawsuit alleging physical threats, financial mismanagement and a sugardaddy chairman leaving a hangman's noose on a cofounder's chair. The lawsuit [PDF] was brought before a Los Angeles court yesterday by Hyperloop cofounder Brogan BamBrogan, …
Is this where they blindfold you, put you in a "Hyperloop capsule", but then have a truck drive it 2 or 3 km away before letting you out?
Claim that the extra time is because the capsule sealing lock mechanism is still under development and needs manual opening/closing each time. The blindfold is because there is proprietary tech that "just an NDA" is not good enough for.
I dunno why anyone would want to be reinstated into this nest of vipers, if their claims are true. Or would deserve to be if they are not.
"Is this where they blindfold you, put you in a "Hyperloop capsule", but then have a truck drive it 2 or 3 km away before letting you out?"
Are you sure not confusing it with the Southern hyperloop, it's 20km but takes three days & only runs once a month? (That's 'normal service' though, due to a recent re-timetabling exercise)
If even half of what he's claiming is true, that company needs to get rid of the Shervin guy + cronies if it's going to succeed. :(
Alternatively, funding could be mostly cut from it and rerouted into a new company with new (competent) staff to actually get things to completion. Hopefully without influence from the bad members of current Hyperloop.
"Silicon Valley lately is clearly showing how capital doesn't always get used in the most efficient manner possible."
Amen to that. Back in mid-June, I got an unexpected FedEx Express package. Inside of the package was what looked like an anti-static ziploc bag slightly larger than the ones they ship 3.5" drives in. Inside of that ziploc bag was some crappy little fold-up brochure from ProofPoint. I've never done business with them, so I was weirded-out by their strange shipping method. I mean, they could have mailed that brochure to me snail-mail and it would've cost them maybe 50-cents, but instead they sent it 2-day FedEx. Needless to say, I won't be spending my money with a company that wastes their money in such a frivolous and pointless fashion. It's like they're saying "Look at us, we've got money to burn."
Fed Ex-ing Junk mail was a tactic done by a few dot-coms back around 2000. I was basically a computer operator then, but I exaggerated my position to get a free subscription to some magazine like Sysadmin or EWeek and got on some mailing lists. Right before the fall B2B companies started fed-exing crap to me assuming that I would never throw away a fed ex envelope (they were right on that part).
To me, though, Hyperloop seems like Chinatown or Season 2 of True Detective. Typical California land stuff with their arcane access rights for cattle and feudal water rights for certain families. 21st century high tech startups meet 18th century Spanish colonialism meet Dot-Com failure.
This is going to be like 3 black holes colliding with Stephen Hawking doing narration. Quite good.
"Silicon Valley lately is clearly showing how capital doesn't always get used in the most efficient manner possible."
Let's make the totally unwarranted speculation that Hyperloop is a set of non-technologies that are going to be as successful as the "revolutionary" pneumatic railway in the 19th century, i.e. won't scale up much beyond a department store cash transfer tube system.
Let's assume even more wrongly that the people persuading investors to put up cash get paid a lot of money for this.
Then, from the perspective of the bank accounts of VC firms, this would be using [other people's] capital in an extremely efficient way. Which of course it is obviously not, if you read the story carefully.
>Then, from the perspective of the bank accounts of VC firms, this would be using [other people's] capital in an extremely efficient way.
I will grant you that game changing R&D is always a risky bet and venture capital has its place. That said capitalism also does a remarkable job of very efficiently handling the problem of entities with more money than brains which seems more to be the case with the "investors" here.
Looks more like a elementary school slipknot to me than a proper bowline or a noose. And if you want to pass your orientation interview and work in my lab, knowing how to tie a bowline is a requirement. Whereas things like nooses and "Fifty shades of gray knots" are more like a Never At Work deal...
Oh! I know what it looks like! A complete lack of professionalism.
No self-respect hangman would contemplate that thing, which as said doesn't seem to be a bowline.
He's probably hampered by animated knots refusing to include the hangman's noose because of it's use in threatening situations. They should rethink that or people will keep making these elementary mistakes.
"To make something like hyperloop a success you need a very serious engineering team"
Which might then embarrassingly announce "No, not possible. But there are these things called aeroplanes. They travel up where the air is thin, they don't need tubes, they can be rerouted in emergencies."