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Old 11-19-2012, 11:06 AM   #21 (permalink)
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I am not talking about the Japanese market. While I now run our firm's Asia business (incidentally out of Hong Kong, not out of Japan), most of our investments (and all in the snowboarding industry) are in the US and Europe.
Let me guess you're also in the camping market as well too right?
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Old 11-19-2012, 11:08 AM   #22 (permalink)
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15 years on a retail floor? Hahahahaha, that proves my point. I'm done here.
sounds like you've earned a BS in elitist asshole as well

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Old 11-19-2012, 11:09 AM   #23 (permalink)
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Let me guess you're also in the camping market as well too right?
If by 'camping market' you mean outdoor gear and products, then the answer is yes. Mostly seed/early stage investments in environmentally conscious players in that industry. Why?
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Old 11-19-2012, 11:09 AM   #24 (permalink)
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Ok, happy to elaborate: I am a partner in PE fund.
that makes more sense then
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Old 11-19-2012, 11:11 AM   #25 (permalink)
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15 years on a retail floor? Hahahahaha, that proves my point. I'm done here.
Why does an understanding of Black-Scholes, swaps, options, forwards et al mean you are in a better position to argue about a company's impact on local shops? You could try making your point without stringing together hackneyed biz cliches and w/o touting your degree.
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Old 11-19-2012, 11:12 AM   #26 (permalink)
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If by 'camping market' you mean outdoor gear and products, then the answer is yes. Mostly seed/early stage investments in environmentally conscious players in that industry. Why?
Just figuring out which companies you work with that's all. Figured you didn't want to put it out for the world to see.
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Old 11-19-2012, 11:16 AM   #27 (permalink)
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Just figuring out which companies you work with that's all. Figured you didn't want to put it out for the world to see.
True. To give a hint, part of our philosophy is that our investment should have a sustainability angle - that could be environmental or social/community focused (e.g., we backed a credit vehicle that provided trade financing for small shops).
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Old 11-19-2012, 11:20 AM   #28 (permalink)
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True. To give a hint, part of our philosophy is that our investment should have a sustainability angle - that could be environmental or social/community focused (e.g., we backed a credit vehicle that provided trade financing for small shops).
I think I know who you're working with and if I'm right that was a solid for the outdoor industry as a whole.

But I still disagree with you on Burton and local shops. I've seen the minimum purchase order just skyrocket to a level that original core accounts with Burton couldn't sustain. They were at least smart enough to drop them and adapt to the times. Also seen shops die because of the curse of the Burton over-saturation. Then there's my personal favorite of being in a Ross or TJ Maxx and seeing in line Burton discounted for 40 to 70% off and finding tags from small shops in the pockets. That was more prevalent on the East Coast.
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Old 11-19-2012, 11:40 AM   #29 (permalink)
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Ok, happy to elaborate: I am a partner in PE fund.
I am an anchor investor in a private hedge fund. I was completely naive and inept at the time. Everything from learning to use R and Matlab, watching Collective2 algorithms fail, attending the SALT Conference (lots of smart people, free food, booze, clubs), building a prospectus (and all the revisions), backtesting, being rejected about 100 times from potential investors and finally receiving a seed fund of 75 m from Larch Lane Advisors. Not to mention the attorney fees... It was a very surreal and eye-opening experience.

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Old 11-19-2012, 11:42 AM   #30 (permalink)
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Ahhhhh geez, all I wanted to do was let some of you people know of a program interviewing Jake Burton on his success/product line etc. A man who's company made $500 million last, has got to know something.

I wished that this sport would never have taken off like it has. I can remember at time if you wanted to ride BAKER, you had to prove to one of the snowboard employee's that you could turn left, turn right and stop, once you did that , then you had your picture taken and put on a separate pass that every lifty asked you for to prove that you could ride the entire mtn. Stevens Pass only let us ride weekdays and no hloidays, we once got kicked off of the mtn for riding the Friday after Thanksgiving for being "boarders". There used to be a time at BAKER when there was maybe 20 of us boarders that had a close brotherhood, encouraging each other, giving riding/gear tips, crashing at someone's house or catching a ride, now we have a bunch of "boarders" that are calling each other Fuck holes, assholes, stupid fuck, dumbshits, etc and talking shit about everyone else on the hill, but I guess that the way it is when you can hide behind your keypad.

What has happened to the sport I love, those days are long gone, but that wont stop me and my riding buddies of 27 years from ripping up that PNW powder
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