New Thiel Speakers - Post Jim Thiel Era

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.

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!