Friday, October 31, 2014

Anti Piracy Campaigner Branson Sinks Small Fortune Into Pirate Car Ride Share Service...by Jim Thomas


After seeing the failure of his North America investment in Hailo and still wanting to be involved in the people transportation business, Sir Richard Branson, has invested a small fortune in a San Francisco based ride-sharing service "Sidecar". 

Sidecar has announced the $15m funding injection will help them roll-out of the service nationwide. The ride share service allegedly allows users of a smartphone application to share car journeys.

Technology website ZDNet has reported Branson as saying: 
“Technology has turned transportation on its head, it’s fundamentally changing the way we get around. We don’t need to own cars; services like Sidecar can get us around town. Sidecar is developing an everyday travel solution that sits side-by-side with public transit.”


While Branson has been seen to be a massive anti-piracy campaigner in the music business, most people in the Taxi industry would consider sidecar to be no more than a pirate car service.