Fun stuff!
Well, "didn't go well" is a huge understatement. Not just in terms of her valuation, lack of a deal, lack of an ongoing relationship with potentially valuable partners, but IMO in the way she presented herself and her company. Ouch. Maybe a near fatal ouch. Maybe I'm being too harsh.
Not good. She turned me right off like a light switch. Not sure why.
Couple of takeaways. You have Jeremy Bloom, who is a smart, smart guy talking about how TINY the ski business is. This company was too small to even consider. Makes one think hard about all of small artisan builders trying to make it work. Tough to carve out a niche and scale it. Really hard. Even harder I think if you can't bootstrap it.
Maybe just timing, but it makes me wonder about others. Not so much about Renoun, as I think Cyrus really is onto a unique product. Unique design. He'll be just fine.
What I see, among strong serious female skiers is that MOST are more concerned with the best product. All of my 28 year old daughter's friends ski on men's skis. As they like the skis. Not that there are not a lot of good women's skis out there now. Just not sure if the made by women for women trumps some of the rest.
Bode's "offer", IMO, was probably smoke. I would be willing to bet that he sees no upside in the women for women market in this industry. And a lot of his dialog, IMO, was a bit inflated. See Aztech relative to his Fortress discussion. Not sure how innthe weeds Bode is. Also, let's see what actually unfolds with Bomber. Many conflicting opinions, and to be blunt "alternative facts" about Bomber out there. Most informative comment was that he felt these skis "did not suck." Not sure if not sucking is enough to grow on!
Was interested to see Bode in on the bike, too. Another interesting business, with a wide segment of followers and buyers. And big companies. Was a bit surprised about his Euro comments.
A few years ago, Bode was really excited about trying to start a national grilled cheese food truck business. Somehow he had not realized that there were and estimated 1500 grilled cheese food trucks already operating and building followers....doing business. He was persuaded not to try it, when some initial investor response pointed it out.
Making the best grilled cheese, and habing the best brand and trucks would not cut it.
Bode is a smart guy. Native smarts. I hope that his investments, in balance do work out. He talks a very good game. Knows all of the right vocabulary. So really fun to see on this show. Hope he's back!
First time I have seen the show. I like it. Fun to see the various products. Fun group of people.
Jeremy Bloom has always been viewed as a smart one. "Much more than a mogul skier", I always heard.
Neat concept for a show. Hope it's not buried on CNBC.