Business

Strava Fires Back in Wrongful Death Suit

by editors on October 18, 2012

Strava LogoStrava has reportedly filed a counter lawsuit in San Francisco Superior Court against the family of deceased cyclist William K. Flint Jr. claiming that “when Flint Jr. joined Strava on Oct. 7, 2009, he electronically signed and agreed to Strava’s terms and conditions, a part of which excludes Strava from responsibility of legal claims or demands arising from a user’s connection to the site,” according to a story on Bicycle Retailer.

In the countersuit, Strava contends that it is not liable for damages in Flint Jr.’s death because it was the result of his negligence, not the company’s. Strava claims that Flint Jr. was riding recklessly over the posted speed limit on the wrong side of the road when he crashed.

Flint Jr. died while attempting to claim a downhill king of the mountain in Berkeley, California and his family believe Strava is to blame. We tend to agree with Strava on this one, though we feel for the Flint family. Strava is a painful addiction.

[Link: Bicycle Retailer]

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Electra Bikes + Hard Rock Hotel SD

by editors on October 18, 2012

Electra HrSan Diego’s Hard Rock Hotel through a collaboration with Electra Bicycles is now offering complimentary bike rentals with each stay in America’s Finest City.

After you check in, check out our San Diego Attractions page here to get map our your cyclin’ game plan; then call down to our Concierge desk at x6484 (or 619-764-6484 outside the hotel) to determine bike availability and set up your big adventure. It’s just another sweet perk of staying at Hard Rock Hotel San Diego.

This is almost reason enough to visit San Diego. Now if they would only offer this same deal up for all their hotels.

[Link: Hard Rock Hotel SD]

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The GoPro Hero3 Is Alive

by editors on October 17, 2012

Last night (October 16, 2012, during the Presidential debates), in San Francisco, California, GoPro Founder and CEO Nicolas Woodman unveiled the GoPro Hero3.

Each new edition retains the iconic look of the previous award winning HD HERO cameras but comes in at about half the size of its predecessors and has built-in Wi-Fi technology. At the top end of the new product line up, the HD HERO3 Black Edition is one of the most powerful camera systems available, delivering astounding 4K and 2.7K video resolutions all in the size of a small box of matches, making it easier to share your world. The White, Silver and Black editions are available for pre-order at GoPro.com and are shipping to specialty retailers around the world for MSRP $199.99, $299.99 and $399.99 respectively.

Yes, just like the iPhone 5, everyone who uses and loves the GoPro is going to have to upgrade, dammit. Can’t have an old camera riding around on your new helmet can you?

[Link: GoPro]

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Cannondale Penalizes Costco Customers

by editors on October 3, 2012

Cannondalecostco2The other day while buying cheese at Costco, we noticed a brand new Cannondale 29er and had a hard time believing our eyes. When we asked an employee if there were more, she told us the bike had been purchased at a Poway, California store and that a guy was trying to return it.

Turns out Cannondale found out about the bikes and have shut them down, according to a story in Bicycle Retailer.

Some Costco outlets are offering a “limited amount” of Cannondale bikes, according to a letter that the company’s Dave Manchester sent to U.S. retailers on Tuesday. Manchester is senior vice president of North American sales and marketing for Dorel’s cycling sports group, which includes Cannondale. . . “We’ve identified a distributor outside of the United States who conducted the unauthorized sale of their supply to this mass retailer. Action has been taken against this distributor and they are no longer part of our distributor network. Additionally, the bikes will not be covered under any warranty,” Manchester said in the letter.

So let’s see. Cannondale made their money selling bikes to the distributor. The distributor got theirs. Costco got paid. But the buyers of the bike? No, Cannondale says they’re screwed for buying their bike at a good price and the company is not going to honor the warranty. How’s that for customer service? Come on Cannondale! Don’t blame the customer for your screw up.

[Link: Bicycle Retailer]

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Reynolds Launches New Pricing Policy

by editors on September 26, 2012

ReynoldsIn an effort to level the indy bike shop vs. Internet sales price war Reynolds is launching a new Minimum Advetise Price Policy.

“MAP is our way of extending support to independent bike dealers and creating healthy competition among Internet retailers.” Under the policy, all Reynolds products offered for resale are advertised at 10% off MSRP. . . “As the landscape of bicycle, bicycle component and bicycle accessory distribution changes, it’s important to adjust and pay attention to what our customers are telling us. With these new programs we hope to show our customers we truly support and listen to their needs. Reynolds plans to remain a mainstay in the bicycle industry through not only technology and name, but as a partner to our IBDs,” says Aguero.

Yeah, we don’t know what that means exactly either. For the official word from Reynolds, follow the jump. [click to continue…]

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2012 Interbike Was Huge

by editors on September 24, 2012

Interbike Logo-2We were kind of surprised by the sheer size of Interbike this year, and apparently we weren’t just out of our heads. Turns out this show was much bigger than last year. The total attendance was 25,536 (up 10% over last year) retailers in attendance was up 5 percent, and distributor attendance was up 6 percent. With a 10 percent increase in participants the OutDoor Demo was the biggest ever.

“To say we’re pleased with the 2012 show is an understatement,” said Pat Hus, Managing Director of Interbike. “Our goal was to create an ideal environment where decision makers can get educated on 2013 product, learn new business practices through our seminars & panel discussions, network and ultimately conduct the business of cycling among the best and the brightest in our industry – and I believe we accomplished that goal.”

Indeed. For the official word from Interbike, follow the jump.

[click to continue…]

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The Economics Of Bike Theft

by editors on September 24, 2012

Tumblr M9Frrjnmif1R1P25EPriceonomics, the site that bills itself as “the price guide for everything” has an interesting economics based post on the business of bicycle theft and why every single bicycle owner in the world will have a bike stolen eventually.

Using this risk-return framework for crime, it begins to be clear why there is so much bike theft. For all practical purposes, stealing a bike is risk-free crime. It turns out there is a near zero chance you will be caught stealing a bike (see here) and if you are, the consequences are minimal. . . Bike thievery is essentially a risk-free crime. If you were a criminal, that might just strike your fancy. If Goldman Sachs didn’t have more profitable market inefficiencies to exploit, they might be out there arbitraging stolen bikes.

Click the link for the rest of the story and remember, bike thieves are assholes so lock your bike

[Link: Priceonomics]

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Interbike 2012: The Photo Gallery

by editors on September 22, 2012

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After a week in Las Vegas (September 17-21, 2012) at Interbike 2012 we feel like we were just getting a handle on where everything was. It was a huge show filled with wondrous things of all sizes and shapes. Here is a little of what we saw, people we talked to, and booths we stumbled through during our tour. Enjoy the ride. Click here for the complete photo gallery.

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Cashing Out At The Pro-tec Booth

by editors on September 21, 2012

No better way to end a day at Interbike 2012 than with Cash*d Out (the next best thing to Johnny Cash) playing us out with Folsom Prison Blues. Unbeknownst to most in the crowd gathered at the Pro-tec Helmets booth, a riot had just broken out at the real Folsom Prison resulting in one inmate getting shot, 12 stabbed, and 60 others injured. Synchronicity?

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Outdoor Demo Day Two. . .

by editors on September 19, 2012

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If you look carefully behind that bush you can see what’s left of Lake Mead.

. . . in which we stand in line for hours, spend seven hours to ride five epic bikes 21 miles on the crowded trails of Bootleg Canyon and live to tell of it. Special thanks to our Dakine Amp hydration pack, Park Tool ice water, and the Burning Man water truck.

Click the link for the completely updated Outdoor Demo photo gallery.

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