YT is working on an Avinox EMTB
- Thread starter jever98
- Start date
silverstone
Active member
Do you have the link for the podcast?
Pyr0
E*POWAH Master
silverstone
Active member
allright, at minute 51 he says "off course, we are working on one... and it's not far away"
Christian050567
Member
Thank you for sharing the podcast. It gives a good impression about mr. Flossmann and YT and the future. I will try the avinox bike from YT for sure.
In the podcast at 50:48
RickBullotta
E*POWAH Elite World Champion
Never in a million years would I give that guy any money.
hc-hardy
Member
A Decoy like bike with an Avinox System.... Shut up and take my money ;-)
RickBullotta
E*POWAH Elite World Champion
Oh, they'll gladly take your money. You just might not get a bike in return...
sethimus
😠 Donald Duck 😠
that podcast was not positive for Flossmann
hc-hardy
Member
Believe it or not, I can walk into their store, check out the bike, purchase it and put it in my van.... ;-)
- Thread starter
- #12
I think he explained fairly coherently the legal shit show they were in. It makes sense that the authorities didn't allow them to deliver the bikes the moment they went into self administration, as there were higher ranking creditors. A total nightmare for them in terms of brand reputation, as we see play out here.
From my point of view: over ambitious growth plan + covid + too slow to course correct.
RickBullotta
E*POWAH Elite World Champion
"fool me once, shame on you...fool me twice..."
RickBullotta
E*POWAH Elite World Champion
If you're a thug with a fast enough van, you can skip the "purchase it" part.
- Thread starter
- #15
Implies intent. As he said, it's huge damage to them, they would much rather have avoided it.
I'm more sympathetic to them screwing up and Flossmann putting his face on it than the anonymous brand deaths à la GT.
RickBullotta
E*POWAH Elite World Champion
Understood. But TBH my distaste for YT and Markus precedes all of this mess. The way they/he handled Aaron Gwin and Neko Mullaly's departure from the YT race team was despicable. Neko's getting the last laugh though with the Frameworks team.
Mario Antony
Active member
Mix feelings...
Have a Jeffsy, like/liked the bike ALOT, would definitely buy another bike from YT - better build than other online brands, but with this bust, I would probably steer away.
It takes time to gain thrust, and just a brief moment...to lose it!
MTB/eMTB is better with YT, and strong competition.
But c'mmon 50% margin...
Bikes are too expensive, just sell the yate and sell proper bikes at realistic prices
Have a Jeffsy, like/liked the bike ALOT, would definitely buy another bike from YT - better build than other online brands, but with this bust, I would probably steer away.
It takes time to gain thrust, and just a brief moment...to lose it!
MTB/eMTB is better with YT, and strong competition.
But c'mmon 50% margin...
Bikes are too expensive, just sell the yate and sell proper bikes at realistic prices
Ah yes, "higher ranking creditors".
In other words, they did not pay for goods and/or services they received.
YT dug this hole for themselves, what's to stop them digging another (potentially even larger) hole in the future?
- Thread starter
- #20
Do you honestly think that companies operate without credit lines? That's the nature of business. Cashflow timing is always a challenge.
For your information I ran a successful software company specialising in Mathematical Programming for 35 years until I got bought out, so shove that wherever that needs to go to stop your patronising claptrap. Thanks.
YT obviously lost control of their cash flow to the point that creditors got pissed off enough to call it a day and take a percentage on the €£$. Speaks for itself.
Eh? Didn't GT just get wound up with only the (regrettable) inevitable redundancies, rather than redundancies AND customers shafted like with YT?
- Thread starter
- #23
But did customers really get shafted? Those who paid with credit cards got chargebacks, and if YT isn't lying outright they are making people whole who paid cash in advance.
Take the Canyon battery situation - people seem to have been waiting for solution much longer, have also spent their money and don't have a bike to ride.
Oh, that’s alright then, I mean, credit card companies just suck up the loss don’t they and not pass it on to customers…
I can understand the reticence of folks to put that trust back in place, and YT will need to do a lot more than words in a podcast to rebuild it.
About Markus Flossmann (from the Porsche newsroom)
Plan B: From bodybuilder to bike entrepreneur - Porsche Newsroom Plan B: From bodybuilder to bike entrepreneur
Plan B: From bodybuilder to bike entrepreneur - Porsche Newsroom Plan B: From bodybuilder to bike entrepreneur
- Thread starter
- #26
I fully agree that they will have a long road to re-establish trust. I just don't agree with the framing that this was an intentional ploy to screw people out of their money. Shit went badly, customers rightfully got angry, they are trying to fix it.
And yes, Flossmann comes across as douchey, but he did build a company that brought something attractive to many riders over the years, which isn't easy.
Yep, I know what you’re saying, but when companies go belly up there’s always a lot of suspicion and caution when an old owner pops up and announces they’re ‘phoenixing the company’, understandable.
Time will tell if the deeds match the words, but it will be a long way back.
Nah ...... As long as Markus can keep pumping iron and driving Porsches, donating money to YT will be money well spent .......
In the shadow of René Benko of Signa Sports United ...
I do not understand how they were in business before, never mind now.
The bikes were vanilla at best, the advertising cringe inducing, and the pricing nothing to write home about.
There's too many good bikes out now to bother.
Unless they pull something pretty revolutionary out of their butts, they're done.
The bikes were vanilla at best, the advertising cringe inducing, and the pricing nothing to write home about.
There's too many good bikes out now to bother.
Unless they pull something pretty revolutionary out of their butts, they're done.
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