New Thiel Speakers - Post Jim Thiel Era

I think they call it the destructive creativity of capitalism. Love it or hate it, it's real.

Onhwy61 is spot on. When Jim died the business did also. I could smell it with the new owners press release, it was the typical form letter.

These people are not passionate entrepreneurs which is what the high end is about rather opportunist with the desire to place a big bet on the aforementioned to become big box.

Capitalism, it's our own fault it spins the world. Oh well, another one bites the dust.

I didn't much care for PSB speakers when they wore their own label. What a disappointing disgrace.

However I guess in the end if it does end up sounding amazing it won't matter. But we won't know until someone gets one.

Agree!

Why bother buying the Thiel name?

How about buy based on quality of the product?

I predict they'll be filing for bankruptcy in no time.

Should if they produce products nobody wants.

I am afraid that the new group bought the brand, but will have a very hard time keeping its customers.

Maybe they will attract new customers or existing customers that base purchasing decisions on product quality and not company name.

These people are not passionate entrepreneurs which is what the high end is about rather opportunist with the desire to place a big bet on the aforementioned to become big box.

Is it possible these companies go bankrupt are too PASSIONATE audiophiles and NOT good businessmen?

Capitalism, it's our own fault it spins the world. Oh well, another one bites the dust.

What's your alternative Karl?

01-14-14: Knghifi

"Is it possible these companies go bankrupt are too PASSIONATE audiophiles and NOT good businessmen?"

Oh positively in some cases, and there isn't much heritage built into an industry that relies so heavily on innovation. That makes change from a new investor inevitable. Take it a step further - thats where hedge fund firms come in to play - muscle in and make a change...or else!

"What's your alternative Karl?"

LOL - take my salary from my capitalist corporation and buy another brand.

Good post Knghifi and you are right - hope the cliche "they don't make em like they used to" doesn't apply to the ole Thiel brand!