Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
His father being a high court judge was more important than the money. Richard took quite a few people to court in the early days of Virgin in Portobello Road. BTW The Manor was his property, but he only had a small share of the company that built, ran and owned the studio.

His basic MO until he sold the record division was to fund start-ups according to an agreed business plan that paid him max 12% ROI. (i.e. a very good return), all other profits went to the highly motivated owner/workers. However he was brutal if things didn't go according to plan. But to me this was a very smart plan.

But for all the smart business, Virgin would have disappeared without Tubular Bells.

You can't be me, I'm taken

by Sven Triloqvist on Sun Nov 22nd, 2009 at 07:24:11 AM EST
[ Parent ]

Others have rated this comment as follows:

Display: