LA startups are racing to develop transportation

HTT's model reminds me of Local Motors. I'm skeptical that a crowd-sourced approach can work for something with the scale and regulatory hurdles of Hyperloop, but a hybrid setup with a core full-time team and contributions from vetted freelance professionals could be interesting.

Not only they expect talent to work for free, they also expect employees to invest money in their startup: "We will consider your application anyway, but we prefer our co-founders have some "skin in the game." Really?

> We weren't understanding the position of Elon: Why would a man with the vision not do it himself?

The answer provided to that question in the article, is silly. Elon isn't doing hyperloop himself for the obvious reason: he's a little too busy with solar, space, internet access, electric cars, and batteries.