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…

[image] OreoCookie: seems like the poor person’s solution @OreoCookie I would definitely disagree with this statement - RGT’s overall physics are way better and I think that the implementation of steering makes a lot more sense versus Zwift’s solution of turning your handlebars on a stationar…

[image] JSampson: I would definitely disagree with this statement - RGT’s overall physics are way better and I think that the implementation of steering makes a lot more sense versus Zwift’s solution of turning your handlebars on a stationary bike. I don’t think this contradicts anything I ha…

I liked RGT when it was RGT. But admittedly, I understood why Zwift’s large community provides such an appeal to keep people into it. I thought I needed just an “avatar” to watch while I did TR. There is something very charming about zwift. I just can’t put my finger on it But I’d love to see R…

[image] OreoCookie: because RGT hasn’t and will likely never grow to be as big as Zwift in terms of user numbers. @OreoCookie Yes and I don’t think that they have to. If they gain 5 to 10% of Zwift’s base that would likely have a big impact on their numbers. [image] OreoCookie: I have n…

[image] JSampson: Got it - well I do know that lots of people including myself use Zwift or RGT when doing TR videos to provide something to look at so there is some overlap in the audience. If you are doing this is a video animation to pass time, would you actually want to have steering? Hon…

[image] OreoCookie: If you are doing this is a video animation to pass time, would you actually want to have steering? Honest question. Do you think you’d be in the majority or minority? @OreoCookie It is a fair question. The feature is probably best suited for racing and if I was doing inter…

[image] JSampson: perhaps software and subscription revenue seemed like the way forward to balance out the ebbs and flows in trainer sales It is only a valid strategy if you can find a way to incentivize consumers to switch platforms….so far, Wahoo (and everyone else) has failed miserably in …

[image] Power13: But in order to exploit this, other companies need to find a way to innovate the experience to such a degree that it exposes Zwift’s weakness….and steering ain’t that experience that is going to cause a paradigm shift. Out of interest, what changes do you think Wahoo RGT need…

[image] Power13: It is only a valid strategy if you can find a way to incentivize consumers to switch platforms….so far, Wahoo (and everyone else) has failed miserably in this regard. @Power13 Wahoo has only owned RGT for a year and as I mentioned earlier in the thread I think RGT really only…

Wahoo's future...bleak?

Equipment

oggie41 February 15, 2023, 11:58am 499

Having had a few rides with steering now, I think they’ve implemented it really well (it’s definitely improved the game for me). I’m using a £15 2-key keyboard by the way, not the Kickr Steer. The only mistake I think they’ve made with this update is removing auto-draft for those not wanting to steer. More thoughts here:

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Wahoo's future...bleak?

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