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Pretty wild how badly this business was run. If you walk around Amsterdam there are VanMoofs everywhere and they aren't cheap! I was expecting this to be a Pelo
by SilverBirch 3y ago
Pretty wild how badly this business was run. If you walk around Amsterdam there are VanMoofs everywhere and they aren't cheap! I was expecting this to be a Peloton style story where they grew too rapidly and then suddenly a crunch just killed them, but it's wild to hear that instead they've just... run the business incredibly badly to the point where they can somehow make a loss on selling $4000 bikes.
- oblio 3y ago$4000 bikes with cheap, no name parts, at that.
- wouldbecouldbe 3y agoWhen they were selling them between 3400 - 4000 it was going reasonable well for them & support, as well as customers being happy with them. However they were selling them at 2000 in the end, they tried to also scale up production to support this. They seem to have failed at that stage in both quality and cutting costs.
- zihotki 3y agoNot only that, the quality of parts was also subpar. Considering several years of warranty, that costed them too much. Almost all my friends owning it had to visit the repair shop due to major failures.