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re: CrossFit HQ/Glassman getting hammered
Posted on 6/23/20 at 3:28 pm to LSUAlum2001
Posted on 6/23/20 at 3:28 pm to LSUAlum2001
VC is a lot of times not a good idea and gets a lot of warranted hest for homogenizing businesses, but holy shite, it seems like a perfect solution here.
It seems like no one involved in CF has any business sense. Its all "community this, community that, blah, blah, blah."
There is no community if these stulid frickers run this thing into the ground, and its a simple business models. Pay a franchise/affiliation fee for gyms, and run all transactions through a central POS. Make the games the showcase to bring awareness to the space. None of the other bullshite everyone is throwing around is going to make anyone any money.
It seems like no one involved in CF has any business sense. Its all "community this, community that, blah, blah, blah."
There is no community if these stulid frickers run this thing into the ground, and its a simple business models. Pay a franchise/affiliation fee for gyms, and run all transactions through a central POS. Make the games the showcase to bring awareness to the space. None of the other bullshite everyone is throwing around is going to make anyone any money.
1
Posted on 6/24/20 at 9:13 am to Mingo Was His NameO
Eric Rosa to take over as CEO & Owner
Just posted on twitter
Just posted on twitter
Posted on 6/24/20 at 9:14 am to olemissfan26
quote:
Very excited to welcome and partner with @RozaEric in his future role as owner and CEO of CrossFit. Eric is CrossFit to the core and he will help us take CrossFit to the next level. #crossfit
Post from Dave on Twitter
Posted on 6/24/20 at 9:57 am to olemissfan26
Nice.
From the looks of his profile, he probably had the $$ himself. Started Datalogix and sold it to Oracle back in 2014.
From the looks of his profile, he probably had the $$ himself. Started Datalogix and sold it to Oracle back in 2014.
Posted on 6/24/20 at 10:06 am to LSUAlum2001
quote:
From the looks of his profile, he probably had the $$ himself. Started Datalogix and sold it to Oracle back in 2014.
Sounds like they got a real business person, which as I've stated, I think is really important.
And yeah he was the CEO of Datalogix which sold for $1.2 billion so he's got the scratch.
This post was edited on 6/24/20 at 10:09 am
Posted on 6/24/20 at 10:08 am to Mingo Was His NameO
quote:
Sounds like they got a real business person, which as I've stated, I think is really important.
And someone with 10+ years as a CF gym owner.
Best thing that could happen was someone who was business savvy and who understood the industry purchasing the company.
Posted on 6/24/20 at 12:45 pm to LSUAlum2001
I think this guy has a really good shot at getting everyone to quickly buy back in.
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