LOVE the ROLEX analogies, though it falls slightly short in that different watches dont tell the time differently, as opposed to audio components which sound different....both Rolex and Mac have had and continue to have HUGE fan base and continue to sell well to a certain subset of consumers....."different strokes for different folks"....
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In response to : " ghasley " [ @atlanticstereoYour post indicates an innocent but erroneous opinion of the role that VC/PE firms serve to a business. My reply to your post below is intended only to provide perspective, not to throw shade your way. ] First thank you for your opinion but you are missing my point - My opinion is based on fact and end result - VC/PE is not a benefit to the " End User " You and Me ( me as a hobbyist not a business owner. My opinion is solely to warn the end user ( most who are on Audiogon is a hobbyist not a manufacturer or a AV dealer ) My opinion is simply a warning that VC/PE owned companies are not of the same build quality as they were originally built when the creator created them. As a culture the end user is misled into believing something is better because the new investor ( VC/PE ) is going to pour new funds into an existing product. I have seen first hand how VC/PC have destroyed AV brands - yes they recouped the investment it took to buy the company and in most cases made money for the investors or stock holders. Who lost ? You the end user because when you purchased the product during those VC/PE owned years either the product broke prematurely or it ends up on Audiogon for what ever reason. My mission statement is " Bringing the Passion back to Audio Video " I have been asked by many to write a review on how VC/PE has stolen that passion. Judging from the responses perhaps I should do that ? if you would like to actually see me interviewed check out https://onefirefly.com/learn/automation-unplugged/item/home-automation-podcast-episode-181-an-industry-q-a-with-tom-farinola and provide me your opinion ...Thanks Tom |
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