They didn’t overthrow 2020 though, maybe they understand if they push it too far the house of cards will fall.
They didn’t overthrow 2020 though, maybe they understand if they push it too far the house of cards will fall.
Yeah, IDK if I’ll be sticking around for that. I hear Canada still has the rule of law though!
You need Firefox + Ublock Origin my friend, the web has become an ugly place.
Here’s the article though:
Used bike retailer The Pro’s Closet shuttering after raising $90 million Thomas Gounley 3–4 minutes
A Louisville-based company that sought to create a national market for high-end used bicycles, and which raised nearly $100 million from investors, is closing up shop.
The Pro’s Closet said in a news release last week that it will cease operations this month.
The company did not give a reason for the closure, and CEO Jonathan Czaja did not respond to a Tuesday email. He told BusinessDen earlier this year that The Pro’s Closet — which expanded aggressively in recent years — was experiencing a slowdown following a pandemic surge.
“Everyone wanted a bike during COVID because they were all trapped inside in Zoom calls and wanted to get out and experience the outdoors,” Czaja said in January. “The entire industry had this growth.”
The Pro’s Closet was founded in Boulder 18 years ago by pro mountain biker Nick Martin, who led the company until 2020, giving way to company board member John Levisay. Levisay stepped down in the spring of 2023 and was replaced months later by Czaja.
The Pro’s Closet sought to take used bike sales — traditionally a local market facilitated by bike shops and sites like Craigslist — and go national. It bought high-end bikes directly from owners and refurbished them before reselling them.
Czaja previously compared the arrangement to the “certified pre-owned” used car market.
“If you’re trying Craigslist or Facebook Marketplace, you never quite know what you bought and what you’re getting until you get home and ride it,” Czaja said in January. “And even then it’s hard to tell.”
The Pro’s Closet website now advertises a “Going Out of Business Sale” with discounts as great as 90 percent.
Czaja told BusinessDen in January that the company had about 80 employees and raised more than $90 million from investors. Investors included Boulder-based Foundry Group and Ridgeline Ventures, and out-of-state firms Edison Partners and The Chernin Group.
In 2023, Czaja said, the company sold 10,000 bikes, with buyers in every state and Canada. He declined to disclose revenue figures, beyond saying it was in the tens of millions in 2023 and had returned to pre-COVID figures.
In 2021, The Pro’s Closet moved from Boulder to an approximately 130,000-square-foot facility at 1900 Taylor Ave., with both office and warehouse space. While much of the company’s sales took place online, local buyers were able to visit and take test rides.
There were signs of struggles. In October 2022, The Pro’s Closet cut 15 percent of its staff, citing “macroeconomic headwinds,” according to Bicycle Retailer and Industry News. Three months later, the company cut more staff.
In announcing its closure, The Pro’s Closet — tagline: “Bikes are meant to be used” — said it had sold 46,000 bikes over its existence.
Because they pulled all manner of sketchy shit with RMAs and I no longer trust them as a company to do the right thing. Why buy from a company that repeatedly did shady shit to screw over their customers? That’s great that they claim they’re going to fix the problem but why trust them when they’ve already lied in the past?
Sales cold calls are spam, 100%.
That’s cool but I think I’ll be avoiding Asus for a good while instead
I’m done with Nintendo.
His bullshit response said all we need to know: The answer is this guy is a spineless, lying, piece of shit.
No, they’re bad and it’s easy to believe after you’ve tried them. Air dryers in general are garbage.
This company is garbage, their stuff is wildly overpriced and prone to breaking, with ridiculous repair prices to boot. I bought their shitty DC-07 complete with self-destructing clutch that cost $100+ to fix, it was covered under warranty exactly once, then they told me to piss off.
I went and bought a brand new Bissel for $75 and it’s been going strong ever since I bought it, the only repair it ever needed was a new belt once in 15 years. Bonus: You can engage and adjust the beater without turning the vacuum completely off, and it won’t break every time.
Sure would be crazy if we paid teachers a adequate wages globally, right?
Portal 2
Be sure to get some quality PPE.
They have succeeded with me, fuck Nintendo
Defenestrate means to throw out of a window.
For example, “Someone should defenestrate Putin.”
Kind of a crazy ruling, does that mean eBay can sell illicit drugs and illegal weapons too?
Fedia.io is an Mbin instance if you want to check it out
Brooms can put out a variety of uggaduggas depending on the model.