Builder's Spotlight The Paceline Forum Builder's Spotlight


Go Back   The Paceline Forum > General Discussion

Closed Thread
 
Thread Tools Display Modes
  #46  
Old 03-02-2018, 08:22 PM
taz-t's Avatar
taz-t taz-t is offline
new day rising
 
Join Date: May 2005
Location: Atlanta, GA
Posts: 830
Quote:
Originally Posted by Mikej View Post
Yeah, and Grant is over across the street bashing companies who do business the military...
You don't know what you're talking about.

Might want to get your 'Grants' straight.
__________________
"Money doesn't talk, it swears..."
  #47  
Old 03-02-2018, 08:37 PM
Ken Robb Ken Robb is offline
Senior Member
 
Join Date: Dec 2003
Location: La Jolla, Ca.
Posts: 14,012
Quote:
Originally Posted by Mikej View Post
Yeah, and Grant is over across the street bashing companies who do business the military...
Grant who? I don't think the Grant Petersen I know would bash anyone.
  #48  
Old 03-02-2018, 08:51 PM
Kontact Kontact is offline
Senior Member
 
Join Date: Apr 2011
Location: Sunny Seattle
Posts: 2,749
Quote:
Originally Posted by peanutgallery View Post
Would be much more willing to provide him with a gift certificate for the services of my accountant. Every few now and again we have to revisit how money works, it's never a fun conversation.

As an idle curiosity, I too am curious as to how $215k in gift certificates for life gets carried around on the books? It's a liability that will float around year after year, can you really spend it or does it have to be set aside and restricted and when do you eventually get taxed on it? How does it affect your credit with vendors? The California Dept of Revenue audit should be interesting as it will definitely be a line item that draws attention

Good luck to Ross and I hope he learns/adjusts as Rivendell/Bridgestone has quite a history in the biz and is better with the market

For the record, the MB-0 was a POS, irregardless of wheel size don't attempt that again. The the MB-1 and MB-2 were much better bikes as far as spec and construction. The MB-0 was made of tubing that was way too thin/flexy and came with pin holes in the welds...stock, it's probably the reason Ross hates go fast bikes to this day. Also had a bunch of weird mavic parts that were proprietary as far as crank lengths and stuff like that. It took me several tries to get an MB-0 that was sufficient to actually ride. MB-1 and MB-2 were the way to go
Who's Ross?
__________________
Get off your junk: www.kontactbike.com
  #49  
Old 03-02-2018, 09:00 PM
charliedid's Avatar
charliedid charliedid is offline
Senior Member
 
Join Date: Mar 2010
Location: Chicago
Posts: 4,867
Quote:
Originally Posted by peanutgallery View Post
Would be much more willing to provide him with a gift certificate for the services of my accountant. Every few now and again we have to revisit how money works, it's never a fun conversation.

As an idle curiosity, I too am curious as to how $215k in gift certificates for life gets carried around on the books? It's a liability that will float around year after year, can you really spend it or does it have to be set aside and restricted and when do you eventually get taxed on it? How does it affect your credit with vendors? The California Dept of Revenue audit should be interesting as it will definitely be a line item that draws attention

Good luck to Ross and I hope he learns/adjusts as Rivendell/Bridgestone has quite a history in the biz and is better with the market

For the record, the MB-0 was a POS, irregardless of wheel size don't attempt that again. The the MB-1 and MB-2 were much better bikes as far as spec and construction. The MB-0 was made of tubing that was way too thin/flexy and came with pin holes in the welds...stock, it's probably the reason Ross hates go fast bikes to this day. Also had a bunch of weird mavic parts that were proprietary as far as crank lengths and stuff like that. It took me several tries to get an MB-0 that was sufficient to actually ride. MB-1 and MB-2 were the way to go



Hard to argue but they sure rode great before breaking! FWIW both my Ritchey P-Team bikes rusted to bits. Same same...
  #50  
Old 03-03-2018, 06:09 AM
Mikej Mikej is offline
Senior Member
 
Join Date: Nov 2004
Posts: 2,788
Quote:
Originally Posted by Ken Robb View Post
Grant who? I don't think the Grant Petersen I know would bash anyone.
Really ? Sorry to the Riv guy then. I always thought they were the same Grant-
  #51  
Old 12-29-2018, 06:30 PM
hokoman hokoman is offline
Senior Member
 
Join Date: Jun 2004
Location: Brooklyn, NY
Posts: 1,651
Just bringing this to the front because I received an email about their 'slow' holiday and encouraging people to buy $20 gift certificates with a sob story. I don't know how they raised that much funding the first time around - what's that saying? fool me once...

The bike industry has changed and we've watched a lot of shops close. They need to change their business model (I get it, it's easier to say than do), or we're going to get the same email in 6 months... Best wishes to them.

Last edited by hokoman; 12-29-2018 at 07:59 PM.
  #52  
Old 12-29-2018, 06:46 PM
charliedid's Avatar
charliedid charliedid is offline
Senior Member
 
Join Date: Mar 2010
Location: Chicago
Posts: 4,867
I just read the email too....and Unsubscribed.

I've been a fan since Bridgestone but I'm tired of the begging and complaining.

Grant needs to figure out a different model, bring on a partner or throw in the towel.

I'm out.
  #53  
Old 12-29-2018, 07:00 PM
Burnette Burnette is offline
Senior Member
 
Join Date: May 2013
Posts: 1,201
Quote:
Originally Posted by hokoman View Post
Just bringing this to the front because I received an email about their 'slow' holiday and encouraging people to buy $20 gift certificates with a sob story. I don't know how they raised that much funding the first time around - what's that saying? fool me once...

The bike industry has changed and we've watched a lot of shops close shop. They need to change their business model (I get it, it's easier to say than do), or we're going to get the same email in 6 months... Best wishes to them.
Isn't the holiday season the biggest take of the year for bike stuff too? If they are hurting after the biggest sales revenue days now I don't see how it improves in January and February.

At what point does it resemble a pyramid scheme versus a survival ploy?
  #54  
Old 12-29-2018, 07:14 PM
bikinchris bikinchris is offline
Senior Member
 
Join Date: Mar 2004
Location: Broussard, LA
Posts: 2,944
Quote:
Originally Posted by hokoman View Post
Just bringing this to the front because I received an email about their 'slow' holiday and encouraging people to buy $20 gift certificates with a sob story. I don't know how they raised that much funding the first time around - what's that saying? fool me once...

The bike industry has changed and we've watched a lot of shops close shop. They need to change their business model (I get it, it's easier to say than do), or we're going to get the same email in 6 months... Best wishes to them.
Just like shops that deal only with women or high end bikes, he has to realize that focusing on people who want friction shifting and ride flat pedals is too narrow. Even for internet sales. IMO, he need to try to widen his price ranges and actually try to appeal to fitness riders (you know those dern lycra wearing people) and index shifting. His quixotic idea of the ideal rider is just not going to make enough money. Of course everything I have read coming from him in the past would set him up to being called a hypocrite if he does.
__________________
Chris
Broussard, LA
  #55  
Old 12-29-2018, 07:18 PM
dancinkozmo dancinkozmo is offline
Senior Member
 
Join Date: Jan 2007
Posts: 2,161
Quote:
Originally Posted by charliedid View Post
I just read the email too....and Unsubscribed.

I've been a fan since Bridgestone but I'm tired of the begging and complaining.

Grant needs to figure out a different model, bring on a partner or throw in the towel.

I'm out.
agreed...and unsubscribed as well

Last edited by dancinkozmo; 12-29-2018 at 07:27 PM.
  #56  
Old 12-29-2018, 07:32 PM
peanutgallery peanutgallery is offline
Senior Member
 
Join Date: Jan 2009
Posts: 2,215
I guess riding a bike and looking like you just rolled out of a garrison keillor event isn't a thing anymore

There's a comfortable living to be made in the bike biz, but you have to be realistic and learn how to listen. Begging for gifts and taking on partners is death by a thousand cuts. Been a part of a sinking ship in my life, it sucks...and it's hard to listen
  #57  
Old 12-29-2018, 07:51 PM
raygunner's Avatar
raygunner raygunner is offline
Senior Member
 
Join Date: Aug 2008
Location: Chicago
Posts: 2,034
I actually tried to buy two things from Riv for Xmas but as one item was out of stock I only purchased one.

After seeing this thread (didn't receive the email) I went ahead and got myself a cool Riv shirt.

I love 'em but don't get me started. No wool Riv jerseys but plenty of bandanas and axes.
  #58  
Old 12-29-2018, 07:52 PM
-holiday76's Avatar
-holiday76 -holiday76 is offline
No one cares
 
Join Date: Sep 2013
Location: Bucks County Pa
Posts: 73
yeah. Change or die, for the most part. Did you notice how Velo Orange used to jsut be about cheese and steel but now it's more like Crust Bikes meets Cheese? That's because Ultraromance and his cronies changed things, or you need to get on board or figure out how to sell your **** on walmart.com
  #59  
Old 12-29-2018, 08:01 PM
Buzz Killington Buzz Killington is offline
Senior Member
 
Join Date: Apr 2012
Location: Rosendale NY
Posts: 134
Have no fear, that baby carrying bike will be their savior.


Someday, Rivendell will be one of those business school case studies.

On a positive note, that shorter chainstay Hunqapillar is a dream ride of mine.

Last edited by Buzz Killington; 12-29-2018 at 08:05 PM.
  #60  
Old 12-29-2018, 08:05 PM
dancinkozmo dancinkozmo is offline
Senior Member
 
Join Date: Jan 2007
Posts: 2,161
Quote:
Originally Posted by Buzz Killington View Post
Have no fear, that baby carrying bike will be their savior.

.
what is up with that ??? how much weed have they been smoking since legalization ???

Closed Thread

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:04 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.