TEAM-ROBOT on Pinkbike

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 12:33

7 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

@HB208: 15 months of due diligence seems like a lot of due diligence, no?

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 11:29

8 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

Also Guerrila Gravity. Bought by PE recently, now bankrupt and all assets sold off at auction.

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 11:26

8 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

Nukeproof, Vitus, CRC, and Wiggle were purchased together by Sigma Sport Group in 2021, which is owned by by Austrian real estate investor and billionaire Rene Benko, during the Covid bike boom. Now those cycling brands are dead and their IP was sold off to another vulture capitalist in England for pennies on the dollar.

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 11:24

8 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

I'm gonna sound like a radical here, but I think killing functional companies (hollowing out their staff and product lines from the inside out) is always a net bad for society. Whether you like Enve's value proposition as a customer, they employ real people who make real products that real customers like and use. I'd like to see them keep that going instead of blowing it up to make a quick buck. Not saying that's for sure what the new private equity firm will do, but I definitely think "it matters." It always matters to the employees, the vendors, and their families who get screwed too often in these sorts of deals.

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 11:21

9 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

@TET1: Nukeproof, Vitus, CRC, and Wiggle were purchased together by Sigma Sport Group in 2021, which is owned by by Austrian real estate investor and billionaire Rene Benko, during the Covid bike boom. Now those cycling brands are dead and their IP was sold off to another vulture capitalist in England for pennies on the dollar.

TEAM-ROBOT sarahmoore's article

Apr 30, 2024 at 9:58

10 hours

Amer Sports Sells ENVE to Utah-Based Private Investment Firm

At city planning meetings, whenever anyone is going to get up and talk about how terrible bike lanes and cyclists are, they always start by saying, "As a cyclist..." Similarly, color me suspicious of any new exec who claims to be "just like you." Sometimes in buyouts like Enve, you get lucky and it's the Waltons buying out Rapha and being willing to operate at a loss for decades to grow the brand. But more often you get self-described "cinephile" David Zaslov buying out Warner Bros with debt and cutting staff and projects left and right as the new CEO.

TEAM-ROBOT mattbeer's article

Apr 27, 2024 at 18:48

Apr 27, 2024

Bike Check: Evan Wall's Haro Greer Prototype Enduro Bike

@Evo10: Cool to hear. Congrats on the new team gig! Awesome to see Haro back in the game.

TEAM-ROBOT mattbeer's article

Apr 27, 2024 at 10:16

Apr 27, 2024

Bike Check: Evan Wall's Haro Greer Prototype Enduro Bike

@whambat: I love this classified system, think it looks really cool, but is has me wondering... who needs a 12 speed cassette if you also have a 2-speed hub? The jumps between an 11-40 12 speed cassette are SO small. For gravel riding or road racing it's great, or even maybe XC racing, but for Enduro racing and normal trail riding it's very rare I need my gear to be *barely* harder or easier, I typically need a bigger jump. Even on an endless fireroad slog, as long as I'm not racing up the fireroad as fast as I can, I'm always able to find a gear and pace that allows me to settle into my cadence. If I had the Classified hub, I think I'd be looking into a something like a Shimano Cues 9 or 10-speed drivetrain, or a Box 9-speed, or that short lived SRAM 8-speed E-bike drivetrain.

TEAM-ROBOT jessiemaymorgan's article

Apr 26, 2024 at 22:48

Apr 26, 2024

Pinkbike Poll: Riser Bar or Extra Spacers Under the Stem?

@RadBartTaylor: Body position is a response to force vectors. That's is the fundamental dance of bicycle handling.

TEAM-ROBOT jessiemaymorgan's article

Apr 26, 2024 at 20:53

Apr 26, 2024

Pinkbike Poll: Riser Bar or Extra Spacers Under the Stem?

@R-M-R: Yes, sorry if I'm unclear, I agree with you