Things do not sound good at Wahoo…~15% of the staff was laid off and the financials sound pretty grim. According to Caley on his new podcast, EBITDA is down 80% YoY, they are over-leveraged and out of cash. More reorganization is likely on the way, too…Sufferfest / WahooX may be on the chopping b…

Don’t forget their watch. I’m sure they had to pump a bunch of money into getting that started.

i installed rgt today to give it another try. between all their roads there are fewer than 200 active users, doesn’t bode well, i think

[image] User_One: It probably also doesn’t help that the company was shipping heavy items like Kickrs back and forth to customers experiencing technical problems for free. This is true but honestly this is one of the reasons I love Wahoo: they were always quick to warranty devices. I probabl…

[image] jcolp: Speedplay alone probably wasn’t that bad, but all of the acquisitions together is a different story (Speedplay + Sufferfest + RGT). We’ll likely never know (or at least not anytime soon) what impact the acquisitions had on their financials. BUT…one thing to add into this would…

That and RGT. It looked very desperate from the outside as well…

So, sounds like a new product coming out? BNKRPTCY

The idea of combining Sufferfest and RGT to compete against Zwift is a good one. Wahoo seemed to miss the boat by not doing more to bring users over. Because ultimately, people are on zwift because everyone else is. Overcoming that will require a focused effort, and probably a loss leader way to …

Seems like people are always quick to praise wahoo customer service. What would really be great is if their products didn’t require contacting customer service. My computrainer for instance, was in use more than 10 years with no issue. It was still going strong, I just switched to a wahoo to get …

[image] ACree: IMO their customer service isn’t a plus, it’s the least they can do to deal with poor quality. Will have to agree to disagree. Tickr is definitely a polarizing product but I got my Powerlnk pedals replaced within a month of purchasing and haven’t had any issues since. All my ot…

Wahoo's future...bleak?

Equipment

pvolb January 19, 2023, 6:28pm 310

I have a professional relationship with a guy who we pay to have an opinion on my company. This individual knows I am a cyclist and use Wahoo products as I had the TdF on behind me over the summer during a zoom call. Coincidentally, he also gets paid to have an opinion on Wahoo. I’ll see if I can get any shareable information.

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Wahoo's future...bleak?

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Wahoo's future...bleak?

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