Retrobike Forum Index

It is currently Wed Dec 07, 2016 5:42 pm

* Login   * Register * Search  * FAQ



Post new topic Reply to topic  [ 8 posts ] 
Author Message
PostPosted: Thu Jan 03, 2013 10:49 pm 
98+ Moderator
98+ Moderator
User avatar

Joined: Thu May 05, 2011 10:53 pm
Posts: 4098
Location: Single Speeding in the Capital of the FoD,UK
To get on the build list. Closes in a week

http://www.groovycycleworks.blogspot.co ... r.html?m=1


Top
 Profile  
 
 Post subject:
PostPosted: Thu Jan 03, 2013 11:09 pm 
Retro Guru
User avatar

Joined: Tue Oct 06, 2009 5:51 pm
Posts: 733
Location: Bay Area
... and only $20USD!!! I hope I can still push a pedal when I eventually get my bike :wink:


Top
 Profile  
 
 Post subject:
PostPosted: Thu Jan 03, 2013 11:11 pm 
98+ Moderator
98+ Moderator
User avatar

Joined: Thu May 05, 2011 10:53 pm
Posts: 4098
Location: Single Speeding in the Capital of the FoD,UK
classen wrote:
... and only $20USD!!! I hope I can still push a pedal when I eventually get my bike :wink:



:lol: I hope I have a job to pay for mine


Top
 Profile  
 
 Post subject:
PostPosted: Fri Jan 04, 2013 1:55 am 
Old School Grand Master
User avatar

Joined: Wed Apr 12, 2006 12:33 pm
Posts: 11105
Location: The Home Of Mountain Biking, And All Great Things.
Respectfully, is anyone really buying into this pyramid scheme?


Top
 Profile  
 
 Post subject:
PostPosted: Fri Jan 04, 2013 1:59 am 
Retro Guru
User avatar

Joined: Tue Oct 06, 2009 5:51 pm
Posts: 733
Location: Bay Area
In what way is it a pyramid scheme?

Rody, is a well respected frame builder who happens to have a very busy life. He makes outstanding frames, bars, cranks, stems, etc. He has a full time job as a fire fighter, and builds bikes in his "spare" time. I think he wants to be fair to his potential customers by capping the wait list so that people aren't waiting for a decade to get a bike.


Top
 Profile  
 
 Post subject:
PostPosted: Fri Jan 04, 2013 2:02 am 
Old School Grand Master
User avatar

Joined: Wed Apr 12, 2006 12:33 pm
Posts: 11105
Location: The Home Of Mountain Biking, And All Great Things.
Easy way to cap it would be to take a proper down payment.

Are we supposed to believe this did not occur to him?

Crikey!

What a gullible bunch.


Top
 Profile  
 
 Post subject:
PostPosted: Fri Jan 04, 2013 8:03 am 
retrobike rider / Gold Trader
retrobike rider / Gold Trader
User avatar

Joined: Thu Dec 08, 2005 12:29 pm
Posts: 2378
Location: London
highlandsflyer wrote:
Respectfully, is anyone really buying into this pyramid scheme?


It's a very poorly designed one if it is. Besides, he's just turned it into a closed end fund with a NAV of $20. If anything, my spot in the queue just went up in value.

Personally, I love Rody's approach. I suspect "the list" is the outcome of a wider audience found via the Internet and the down payment is the way of making sure those that join it are committed to the build when their time comes.

I can't help wondering if there's a secondary market in queue slots ...

This does not constitute an offer to buy or sell a place on Rody's list. The value of slots on the list may go up or down. Do not ride off the edge of cliffs directly after purchase.


Top
 Profile  
 
 Post subject:
PostPosted: Fri Jan 04, 2013 7:32 pm 
Old School Grand Master
User avatar

Joined: Wed Apr 12, 2006 12:33 pm
Posts: 11105
Location: The Home Of Mountain Biking, And All Great Things.
It was a little late at night!

I just can't get my head around the logic of such a low deposit.

$500 would make more sense to me, his queue would reduce and he would have a serious upfront investment to prove buyers were worthy.

I really do think there is something a little gimmicky and faux about creating such a long waiting list.

Definitely seems the current fad to have a long waiting list.

I guess I just don't get it.

Pyramid scheme was the wrong expression I guess, I am not suggesting the dude is a fraudster and I should clarify that.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 8 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: xerxes and 24 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  

About Us

Follow Retrobike

Other cool stuff

All content © 2005-2015 Retrobike unless otherwise stated.
Cookies Policy.
bikedeals - the best bike deals in one place
FatCOGS - Fat Chance Owner's Group

Powered by phpBB® Forum Software © phpBB Group