Rapha sold for £200 million

proylance

Matthewfalle wrote:

Never mind what you think about the product, the hype, the people who wear it etc you have to say fair play to the bloke who set it up and has made some decent money out of it. Hat in fact.

This (wish I'd done it!)

DavidJB

MrB123 wrote:

http://www.bikeradar.com/forums/viewtopic.php?f=40020&t=13060768&hilit=Flapping&start=120

Never forget the flapping.

bahahhah 40 RPM...and considers 80 "flapping"

What a tool.

Matthewfalle

Milemuncher1 wrote:

VinnyMarsden wrote:

I for one was a slow convert to Rapha stuff...but I have to admit...despite the cost it is good gear...tried lots of stuff, and for me the only kit that comes close in my opinion, and it is MY opinion that matters when I'm paying isn't it..is Etxeondo.Both make quality stuff and I for one hope they both continue to do so..good luck to the Wal Mart guys who have bought in...keep it as it is..you have a tried/trusted formula...dont f..k it up please!!!

The thing that I do actually like about Rapha kit, is the free repair service, that's a nice perk.

Not really - loads of people do it nowadays and it's the least I would expect after shelling out that much money for kit.

milemuncher1

DavidJB wrote:

MrB123 wrote:

http://www.bikeradar.com/forums/viewtopic.php?f=40020&t=13060768&hilit=Flapping&start=120

Never forget the flapping.

What a tool.

Don't be so hard on yourself treacle.

imposter2.0

Milemuncher1 wrote:

DavidJB wrote:

MrB123 wrote:

http://www.bikeradar.com/forums/viewtopic.php?f=40020&t=13060768&hilit=Flapping&start=120

Never forget the flapping.

What a tool.

Don't be so hard on yourself treacle.

For the avoidance of any doubt, he was clearly talking about you (treacle).

milemuncher1

DavidJB wrote:

MrB123 wrote:

http://www.bikeradar.com/forums/viewtopic.php?f=40020&t=13060768&hilit=Flapping&start=120

Never forget the flapping.

bahahhah 40 RPM...and considers 80 "flapping"

.

I consider it 'flapping' when someone thinks they are improving their output, simply by banging their Cadence up, only to discover that, due to utter buffoonery, when actually measured, with proper sensors, which create scientific data, they have not increased their Powwwwwwwer, owing to the fact that their torque has reduced by so much, that the increased Cadence, has either not resulted in more powwwerrrr, or actually reduced the Powwwwwwwwerrrrrr. Then you add in the fact that their output is further reduced, by the fact that, due to their 'flappiness' their pedalling is now less efficient, and even if their increased Cadence was resulting in more Powwwwwwwerrrrrrr, being generated, they are wasting any increase, with losing so much form and technique, that the Power actually transmitted is further reduced ( owing to the decrease in conversion efficiency). That said, I do know several riders, who do know how to both increase power, and maintain / increase efficiency, simultaneously. I know far more who think they do, but, when what they are actually doing is scrutinised, with proper scientific instruments, it turns out they actually don't. These are the 'flappers' to whom I was referring to. You can spot them quite easily, they usually stand around at work / out on a ride / in a pub, one hand fiddling with their nuts, speaking loudly about their 'super high Cadence' and saying "yeah" after everything. They are entertaining, and irritating simultaneously, which is quite an art.

4kicks

Not sure what part of the rambling diatribe above explains your "5:40 vs 4:40 claims".

But moving on back into the adult world, $200 Million off a lets call it $4 million EBITDA is high, but not scary, especially if you believe the IM spiel about Rapha being a hiring & expanding co. Makes valuations of recent IPOs (Snap, King et al) look way high. A US buyer with a retail skew is a very good fit as you've got to figure US and Asia are where the growth potential lies. Give em a lot of cash to build Rapha clubs, if it were me Id also start to combine the Rapha clubs with holidays, possibly buying, for example, Backroads touring or Treks tours division. ...

rick_chasey

4kicks wrote:

Not sure what part of the rambling diatribe above explains your "5:40 vs 4:40 claims".

But moving on back into the adult world, $200 Million off a lets call it $4 million EBITDA is high, but not scary, especially if you believe the IM spiel about Rapha being a hiring & expanding co. Makes valuations of recent IPOs (Snap, King et al) look way high.

Market is better at pricing in clothes sellers than it is tech startups, unsurprisingly.

4kicks

Waltons get that its a Brand which is both geographic and product under-utilized, Its Virgin, not the GAP.

DavidJB

Milemuncher1 wrote:

DavidJB wrote:

MrB123 wrote:

http://www.bikeradar.com/forums/viewtopic.php?f=40020&t=13060768&hilit=Flapping&start=120

Never forget the flapping.

bahahhah 40 RPM...and considers 80 "flapping"

.

I consider it 'flapping' when someone thinks they are improving their output, simply by banging their Cadence up, only to discover that, due to utter buffoonery, when actually measured, with proper sensors, which create scientific data, they have not increased their Powwwwwwwer, owing to the fact that their torque has reduced by so much, that the increased Cadence, has either not resulted in more powwwerrrr, or actually reduced the Powwwwwwwwerrrrrr. Then you add in the fact that their output is further reduced, by the fact that, due to their 'flappiness' their pedalling is now less efficient, and even if their increased Cadence was resulting in more Powwwwwwwerrrrrrr, being generated, they are wasting any increase, with losing so much form and technique, that the Power actually transmitted is further reduced ( owing to the decrease in conversion efficiency). That said, I do know several riders, who do know how to both increase power, and maintain / increase efficiency, simultaneously. I know far more who think they do, but, when what they are actually doing is scrutinised, with proper scientific instruments, it turns out they actually don't. These are the 'flappers' to whom I was referring to. You can spot them quite easily, they usually stand around at work / out on a ride / in a pub, one hand fiddling with their nuts, speaking loudly about their 'super high Cadence' and saying "yeah" after everything. They are entertaining, and irritating simultaneously, which is quite an art.

Yeah but who really cares? It seems you feel the need to bemoan other cyclists in some sort of effort to increase your own feeling of superiority. Leave them to it and just ride your bike. I mean you're clearly far superior with your 40RPM (which if I saw, I would consider a very odd cadence), but maybe you're just ahead of your time...orrrrr perhaps you're just another internet hero.

Back on topic. Good effort Rapha. I'm personally not a fan of the whole Rapha culture but it's always nice to see a British business succeed.

milemuncher1

I like Rapha Bidons, they come with a free history lesson on some of them.

bobmcstuff

Surrey Commuter wrote:

lazy journalism (and reading) as per usual

they have bought a majority shareholding (not the company) so it is valued at even more than £200m
Simon Mottram will remain as Chief Executive and has retained a significant part of his stake in the business.

"they" are not Walmart/Asda "they" are the investment firm owned by the sons of the founder of Walmart

If there are not further undisclosed shareholders then RZC have bought 89% of the business for £200m, leaving Simon Mottram with 11% (the £25m his stake is valued at according to that article).

Although it could be poor journalism from the Guardian (never!! ) since the FT article referring to the same deal states that the deal values the company at £200m - not that RZC have paid £200m. In that case RZC would have paid £175m for 87.5% of the business and Mottram would be left with 12.5% (the remaining £25m) - which makes a lot more sense to me since 12.5% is a nice round number and 11.11111% is not...

Hats off to the guy though.

I thought LVMH would have been a good fit for Rapha, I wonder why that fell through.

sloppyschleckonds

Milemuncher1 wrote:

I like Rapha Bidons, they come with a free history lesson on some of them.

Always thank the water carrier

imposter2.0

Milemuncher1 wrote:

I like Rapha Bidons, they come with a free history lesson on some of them.

It's a plastic bottle. Get a grip, ffs.

cornerblock

Imposter wrote:

Milemuncher1 wrote:

I like Rapha Bidons, they come with a free history lesson on some of them.

It's a plastic bottle. Get a grip, ffs.

Just not for too long.

milemuncher1

Imposter wrote:

Milemuncher1 wrote:

I like Rapha Bidons, they come with a free history lesson on some of them.

It's a plastic bottle. Get a grip, ffs.

Wouldn't you rather be trolling a n other cycling related website's non cycling related forum? Rather than stalking me?

milemuncher1

SloppySchleckonds wrote:

Milemuncher1 wrote:

I like Rapha Bidons, they come with a free history lesson on some of them.

Always thank the water carrier

Especially if they are wearing a pair of ( admittedly very well made and comfortable, if a bit pricey) bright coloured socks.

imposter2.0

You mean you post on more cycling forums? Links please, I'm sure we'd all like to see them, purely for research purposes...

milemuncher1

Imposter wrote:

You mean you post on more cycling forums? Links please, I'm sure we'd all like to see them, purely for research purposes...

I can just imagine you sat in your mum's basement, typing that on a financed *insert apple product*, whilst rubbing your thighs / cockwombling, and looking around, with a smug grin on your chubby chops, looking for acknowledgement, which you'll never get, from your non existent friends.

pblakeney

The imagination is capable of scary results.
And informs others as to how you think when shared.

imposter2.0

Milemuncher1 wrote:

Imposter wrote:

You mean you post on more cycling forums? Links please, I'm sure we'd all like to see them, purely for research purposes...

I can just imagine you sat in your mum's basement, typing that on a financed *insert apple product*, whilst rubbing your thighs / cockwombling, and looking around, with a smug grin on your chubby chops, looking for acknowledgement, which you'll never get, from your non existent friends.

Right. Anyway. So we know you post as 'racing roadkill' on cyclechat. Please link us to some other forums..?

milemuncher1

PBlakeney wrote:

The imagination is capable of scary results.
And informs others as to how you think when shared.

I actually made myself nauseous, with that thought. I need mind bleach.

imposter2.0

Milemuncher1 wrote:

PBlakeney wrote:

The imagination is capable of scary results.
And informs others as to how you think when shared.

I actually made myself nauseous, with that thought. I need mind bleach.

Seriously, I think phillippirip nailed your mental health issues in an earlier post.

pblakeney

Milemuncher1 wrote:

PBlakeney wrote:

The imagination is capable of scary results.
And informs others as to how you think when shared.

I actually made myself nauseous, with that thought. I need mind bleach.

You should be aware that these thoughts only exist in your mind, generated by you. I am blessed with a more serene mind.