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How To Tie A Tie: 8 Knots Every Man Should Master “,”content_video”:null,”content_etag”:null,”content_slug”:null,”avatar_id”:null,”avatar_name”:”Joe Nobody”,”category_title”:”Fashionbeans. Opinions expressed by Forbes Contributors are their own. This story appears in the March 2, 2015 issue of Forbes. The majestic Senate majority leader suite in the U. Capitol was still Harry Reid’s in September when he eagerly scooched his leather chair across the Oriental rug to gaze at something that, he was told, would change transportation forever. Two business partners, the half-billionaire venture capitalist Shervin Pishevar and former White House deputy chief of staff Jim Messina, carefully studied the powerful senator’s reaction. Even Mark Twain, a onetime riverboat pilot whose portrait hung over Reid’s desk, eyed the proceedings warily.
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75-year-old politician to the techno-hippie carnival that takes place pre-Labor Day in the Black Rock Desert of Reid’s home state of Nevada. At the end of the 60-minute pitch Reid sat back and smiled. That’s when Pishevar leaned in, asking the senator to introduce him to a Nevada businessman who owned a 150-mile right of way from Vegas to California for a high-speed train. Reid said he would, and they shook on it. And thus fell another obstacle in the group’s fast-moving efforts to actualize what until recently had seemed not much more than geek fantasy: the hyperloop.
You remember the hyperloop, don’t you? It’s hard to overstate how early this all is. Yet it’s equally hard to overstate how dramatically the hyperloop could change the world. The first four modes of modern transportation–boats, trains, motor vehicles and airplanes–brought progress and prosperity. They also brought pollution, congestion, delay and death. The only thing this geek fantasy is missing: Musk.
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With his hands full simultaneously running Tesla Motors and SpaceX, he’s left it to others to make his theory a reality. He declined to comment for this story. But his fingerprints are on each of the groups vying to build the hyperloop, even though they couldn’t be more different. Hyperloop Technologies is the Dream Team, enlisting a formidable lineup of Silicon Valley and Washington superstars, most with a strong connection to Musk.
Even more surprising than the platinum-plated roster: Hyperloop Tech’s initial mission. They intend to go way beyond Musk’s original vision and focus first on freight rather than human transportation. Imagine submerged skeins of steel tubes crisscrossing the ocean or up and down the coasts hurtling shipping containers at near supersonic speeds. Against this establishment lineup of all-stars, Dirk Ahlborn’s scrappy crew feels like the Bad News Bears. 200 engineers, designers and others who for the past year have essentially crowdsourced the hyperloop. Meanwhile, a group of Musk’s own SpaceX engineers have been agitating to get in on the action.
So in January Musk announced cryptic plans to fund the construction of a hyperloop test track in Texas, with no date specified. The vision for the Texas test track is something out of Star Wars–pod racers flying through the air, would-be rebel forces facing off against the Empire. Which isn’t a bad analogy for this whole nascent business. It has risk, but this is an idea that can change the world.
Sci-fi writers and other dreamers have long envisioned fast, tubular travel. Mention his name around Silicon Valley and you might well get an eye roll. Valley investor who’s done deals with him. But there are many good things that come from being a promoter. 4 billion venture firm’s greatest investments ever, in a then-small-but-growing taxi app called Uber.
Pishevar was initially turned down by Uber and its backers when it closed its second round of funding at the end of 2011. Pishevar was giving a talk in Algeria when he got a call from Uber CEO Travis Kalanick, saying he was back in if he could come meet Kalanick in Dublin. Pishevar grabbed the next flight to Ireland. I met with him because I had to. That score is the capstone of this immigrant’s rags-to-riches American dream.