Thiel is officially closed!!

Jafant mentioned Rob Gillium was working on become a proprietor for Theil legacy parts/work...but I don’t know that was completed, or what the closure of Thiel means for that venture.

If Mr. Gillium has the capital to buy the parts inventory then it seems certain that the bank and/or owners will gladly sell to him. How else can they cut their losses? Sell individually to each Thiel owner hedging against driver failure? I promise you they're not interested in that course especially if there is a buyer for the lot.

I could be wrong - I have no inner knowledge - but don't see how else this might turn out. The inventory is worth real money. Whoever owns it will want to sell it.

Thanks for the insight beetlemania.  Seems reasonable.

As for post-Jim speakers:  Jim must have passed on some engineering as the 2.7s were completed (and I believe designed, or partially designed) after his death.   I can't remember the name of the guy(s) who worked on the 2.7s but I seem to remember reading of them at one point.

We blame the buyer of Thiel but surely they were in trouble before. The enemy of the good is better and the competition in great quality speakers has increased.

For example, I was impressed to see the amount of engineering in Paradigm Persona line! I would equate Paradigm philosophy to Thiel in that it is an engineering driven pursuit.

On the flip side, the move away from performance and measurements towards “trusting ears” has allowed fancy marketing with “good enough” speakers with cheap parts to carve out a large part of the market too. This must have hurt Thiel who focused heavily on quality parts.

RIP jim and your great company, certainly once great! legendary really

Jim must have passed on some engineering as the 2.7s were completed (and I believe designed, or partially designed) after his death.

Good point. I think the CS2.4SE was Thiel's last project that was completed but maybe he had started on the CS2.7 before he passed? Would be interesting to hear the rest of the story.