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  #16  
Old 07-31-2013, 11:21 AM
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AngryScientist AngryScientist is offline
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one thing is for sure, Serotta employed some fine people over the years, then and now. perhaps we'll see some f'builders strike out on their own from this situation, and carry on the skills they learned under the big S.

sad news, hope it all works out for those involved.
  #17  
Old 07-31-2013, 11:22 AM
jghall jghall is offline
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Ditto, very sorry to hear.
  #18  
Old 07-31-2013, 11:23 AM
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This just pisses me off.

Was Rustylion blindsided or...?
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  #19  
Old 07-31-2013, 11:24 AM
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This is really sad, but could sorta see this coming. The bike biz is a tough nut to crack. When I had a bike shop, I also had a auto repair shop...Guess where I made my income.
Hopefully they can turn this around some how. I always thought Serotta should have just stayed with steel and Ti, which they were known for and had a affordable tig steel frame they would have faired well. I still have one of there first Legend Ti (1993) and IMO still as good as anything out there. When they tried to compete with all carbon frames at such a high price there was just to much competition. Just my thoughts.

SB
  #20  
Old 07-31-2013, 11:28 AM
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Charles M Charles M is offline
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2009 doesn't seem all that far away...

http://www.pezcyclingnews.com/page/t...spec/?id=88924

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  #21  
Old 07-31-2013, 11:30 AM
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Who owns the name Serotta?
  #22  
Old 07-31-2013, 11:32 AM
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charliedid charliedid is offline
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Quote:
Originally Posted by bluesea View Post
Who owns the name Serotta?
I sure hope Ben does. It's the only thing left...
  #23  
Old 07-31-2013, 11:33 AM
bikingshearer bikingshearer is offline
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Very unfortunate. The Serotta name has been such a presence on the American famebuilding scene, and losing that saddnes me even though I have never owned one. Diversity and dedication to the craft are good things, and losing some of that is sad for us all.
  #24  
Old 07-31-2013, 11:37 AM
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Quote:
Originally Posted by bikingshearer View Post
Very unfortunate. The Serotta name has been such a presence on the American famebuilding scene..
Maybe they could sell the name to the guys who own Motobecane, Tommaso, etc.

I'm definitely not surprised that this is happening, but it does suck.

Texbike
  #25  
Old 07-31-2013, 11:38 AM
1centaur 1centaur is offline
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The timeline from Bradway to DCG would be interesting to hear. How much of that move was giving up vs. having insufficient capital to deliver the plan? If Bradway had the money would they have spent it for the projections they were seeing? Doing a deal with a company that does not deliver the money suggests a weak hand somewhere and in this case probably on both sides.

Small business is both the backbone of jobs in America AND ferociously risky. We should thank our lucky stars every day for the people crazy enough to take those chances. And as hard as it is to succeed, it's even harder to keep succeeding after the early energy and momentum have dissipated.

Huge sympathy for the Serotta workers who turned out a great product and won't get to keep doing that after months and years of worry that exactly this unwinding was in the cards.
  #26  
Old 07-31-2013, 11:38 AM
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I'm quite surprised by this news, since Ben's blog post last week about the Pronto sounded very optimistic:

http://serotta.com/launching-the-pronto-part-2/
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  #27  
Old 07-31-2013, 11:39 AM
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I'm sitting here thinking "I've had 6 bikes from Serotta and or people that came through there...

It just seems so INCREDIBLY weird.

I don't know too many nicer people than Ben and his wife.

It's been nothing but my pleasure in every contact I've had.
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  #28  
Old 07-31-2013, 11:41 AM
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After the dust settles, I may go pitch this very idea to some faculty here. I'd enjoy (sort of) writing the case study.

Quote:
Originally Posted by eddief View Post
what a terrible american biz debacle. can you say "ibis"? a great case to be studied by a good MBA candidate. wow.

Nick, I was thinking this very thing. The frame building industry does not have high barriers to entry (relatively) for individuals with the skill. I hope we see some new frame builders out of this, and that former serotta fans patronize them.

Quote:
Originally Posted by AngryScientist View Post
one thing is for sure, Serotta employed some fine people over the years, then and now. perhaps we'll see some f'builders strike out on their own from this situation, and carry on the skills they learned under the big S.

sad news, hope it all works out for those involved.



Quote:
Originally Posted by Cat3roadracer View Post
A sad day.
+1
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  #29  
Old 07-31-2013, 11:44 AM
1centaur 1centaur is offline
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Quote:
Originally Posted by fiamme red View Post
I'm quite surprised by this news, since Ben's blog post last week about the Pronto sounded very optimistic:

http://serotta.com/launching-the-pronto-part-2/
Limited ediition indeed:

http://serotta.com/limited-edition-s...now-available/
  #30  
Old 07-31-2013, 11:47 AM
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Sad

Crazy news.
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