Wal-mart guy buys RAPHA...

[azrider]

Originally Posted by instantturtle

So does this mean they'll expand into MTB? I thought the Walton brothers were more trail less road...

IT'S NOT WALMART!!!!!!!!!!!!!!!!!!!!!!!!

Dude these clickbait titles is not helping these otherwise interesting discussions spiral into sh*T

[commonguy001]

Originally Posted by instantturtle

So does this mean they'll expand into MTB? I thought the Walton brothers were more trail less road...

Crap, does this mean I'm doing it wrong when I wear my rapha kits on the MTB? J/K

Originally Posted by oldpotatoe

So they are grandsons of the Walmart founder and own an investment firm....not exactly 'Walmart guys', eh?

Agreed not exactly

[instantturtle]

Originally Posted by azrider

IT'S NOT WALMART!!!!!!!!!!!!!!!!!!!!!!!!



Dude these clickbait titles is not helping these otherwise interesting discussions spiral into sh*T

Oh, I wholly understand Walmart did not buy Rapha literally but from what I've read, the brothers are more mountain bikers and if they're invested they might have some thoughts on the direction of Rapha. If they want to expand their line/brand, then they still have the MTB/CX/TT markets to look at.


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[FlashUNC]

The reason RZC can buy Rapha is because of WalMart money. He didn't create an investment fund saving pennies from his day job as a bus driver.

His last name is Walton to Pete's sake, and grandson of Sam Walton.

Yes, its Walmart.

[Vientomas]

https://www.ialumbra.com/founder/

https://www.ranchocacachilas.com/trails-biking-hiking/

I ain't gonna complain about the Walton kids - at least one is helping to build mtb trails in Baja.

[e-RICHIE]

Originally Posted by FlashUNC

The reason RZC can buy Rapha is because of WalMart money. He didn't create an investment fund saving pennies from his day job as a bus driver.

His last name is Walton to Pete's sake, and grandson of Sam Walton.

Yes, its Walmart.

Ya' know - I was having a parallel chat with a pal elsewhere. No one I know is giving back all the money made in my industry from the Lance era. And from what I hear, his reign made a lot of people a lot of money. And then he was found out.

Why should the offspring pay the price for decisions their parents or grandparents before them made? By all accounts, the brothers are trying to do good, and for the cycling community at that. Sure, they are astute businessmen and will likely make a profit from this investment. But so what to that?

They are the investors, not Sam Walton.

[54ny77]

I still wanna know if I can bundle a gallon of Mobil 1 with a pair of bib shorts and get free 2-day shipping.

[Mikej]

Originally Posted by FlashUNC

The reason RZC can buy Rapha is because of WalMart money. He didn't create an investment fund saving pennies from his day job as a bus driver.

His last name is Walton to Pete's sake, and grandson of Sam Walton.

Yes, its Walmart.

Thanks dude, my sentiment exactly, except I chose flipping burgers...

[Mikej]

Originally Posted by 54ny77

I still wanna know if I can bundle a gallon of Mobil 1 with a pair of bib shorts and get free 2-day shipping.

Rapha Prime...

[azrider]

Again.......IT IS NOT WALMART.

Did the money come from WalMarts success? Technically yes. But I can guarantee you that the decisions made at this Trust Fund kids little pet project RZC, is completely separate from decisions made at the actual WalMart Executive offices.

You know what.....F it, I'm out. How do you block threads

[azrider]

Originally Posted by e-RICHIE

Ya' know - I was having a parallel chat with a pal elsewhere. No one I know is giving back all the money made in my industry from the Lance era. And from what I hear, his reign made a lot of people a lot of money. And then he was found out.

Why should the offspring pay the price for decisions their parents or grandparents before them made? By all accounts, the brothers are trying to do good, and for the cycling community at that. Sure, they are astute businessmen and will likely make a profit from this investment. But so what to that?

They are the investors, not Sam Walton.

gets it.

[Mikej]

Originally Posted by azrider

Again.......IT IS NOT WALMART.

Did the money come from WalMarts success? Technically yes. But I can guarantee you that the decisions made at this Trust Fund kids little pet project RZC, is completely separate from decisions made at the actual WalMart Executive offices.

You know what.....F it, I'm out. How do you block threads

Nobody said it was WALMART - just WALMART GUY. Who was the son of the founder of WALMART, who got his money from WALMART. Sure its a different name of an investment company, but GMC is still a chevy...

[FlashUNC]

Originally Posted by e-RICHIE

Ya' know - I was having a parallel chat with a pal elsewhere. No one I know is giving back all the money made in my industry from the Lance era. And from what I hear, his reign made a lot of people a lot of money. And then he was found out.

Why should the offspring pay the price for decisions their parents or grandparents before them made? By all accounts, the brothers are trying to do good, and for the cycling community at that. Sure, they are astute businessmen and will likely make a profit from this investment. But so what to that?

They are the investors, not Sam Walton.

And good on them for living their best lives, I don't begrudge them that, and I'm glad the money is going to at least some marginal good use.

But there are some (and count me in that basket) who think the economy-bending organization that is Wal-Mart, and the near unimaginable dynastic wealth that's been created by its practices -- they're the richest family in America at a hair over $130 billion -- can't easily be hand-waved away.

The family still controls 54% of the company that today still engages, in my view, in a bunch of scummy business practices. This isn't some long-detached fortune that was created centuries ago, like he's some farflung Du Pont sibling. Pop-pop created arguably one of the most destructive retail forces the world has ever seen and the family still calls the shots.

Cutting a couple of sweet mountain bike trails and being fast on a group ride and buying a clothing company ain't exactly absolution for that.

[azrider]

Originally Posted by FlashUNC

Yes, its Walmart.

Originally Posted by Mikej

Nobody said it was WALMART

[instantturtle]

Aren't the Waltons the modern day robber barons? In any case, someone bought Rapha. They wanted to sell and they have the right to sell who they want to sell to. That said, I'll look at other options...


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