Virgin - a house of cards

[Arrowfoot]

About 5 years ago, a colleague returned from a year secondment with the Cabinet Office and when Virgin was mentioned he said quite authoritively that it was a house of cards. He said that it was sitting on a mountain of debts and matter of time it collapsed. Within a year he moved to a consultancy company.

Till today I wonder how our govt relies on folks like this to provide advisory.

 

[AndyRM]

What's your point caller?

 

[AndyRM]

Ah - I see what you've done there Andy.... you've made the fundamental mistake of thinking he's Might have a point.

Thanks for pointing out the error of my ways. I shall not make this mistake again.

 

[Arrowfoot]

What's your point caller?

There are 2 separate and mutually exclusive points. I am sure you can figure out at least one.

 

[Arrowfoot]

[QUOTE 3720229, member: 45"]Which part of Virgin? You're talking a obout many companies, all of which are different in terms of brand ownership or licensing.[/QUOTE]

Richard Branson's Virgin, lock stock and barrel.

 

[AndyRM]

I can, I just don't see what you're actually getting at.

1 - Virgin is a highly successful company and won't be knackered any time soon.

2 - Your colleague is a buffoon.

3 - The government employ idiots.

Is that it?

 

[Arrowfoot]

I can, I just don't see what you're actually getting at.

1 - Virgin is a highly successful company and won't be knackered any time soon.

2 - Your colleague is a buffoon.

3 - The government employ idiots.

Is that it?

Spot on.

 

[AndyRM]

Spot on.

Cool. I'm glad we've got that settled.

 

[Arrowfoot]

Cool. I'm glad we've got that settled.

@User is on to it by mentioning the many companies in the Virgin family. RB business model is spreading the risk and making his partners carry much of the risk. He has never come away second best in any partnership.

 

[Arrowfoot]

[QUOTE 3720244, member: 45"]That's not how it is though. He owns nothing "lock, stock and barrel". He's tended to set up a particular company ythen sell most of it off,with some conditions. It's almost a brand licensing activity.

If you're talking about him reinvesting as soon as he can get money out of a company then that's how business works.[/QUOTE]

I am with you. Yes, that how he operates. It gives the impression that it is a vast holding company. Your point about brand licensing is absolutely right.

 

[AndyRM]

@User is on to it by mentioning the many companies in the Virgin family. RB business model is spreading the risk and making his partners carry much of the risk. He has never come away second best in any partnership.

It's not like you're disclosing some major revelation, so I still don't see your point.

Ahm oot.

 

[Arrowfoot]

It's not like you're disclosing some major revelation, so I still don't see your point.

Ahm oot.

Figure out how Virgin, the cabinet and the advisory post is connected. This was 5 years ago.

 

[ufkacbln]

The Christian religion is based (to different extents) on a Virgin.....

 

[subaqua]

I thought this might be about a box set on telly.

urquhart was a great character played brilliantly by Ian Richardson

 

[subaqua]

Figure out how Virgin, the cabinet and the advisory post is connected. This was 5 years ago.

Is it by a superhub , and 50 Meg broadband ?