You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more

Wahoo

8 Posts
7 Users
0 Reactions
128 Views
Posts: 6409
Free Member
Topic starter
 

Not looking good for Wahoo

https://www.moodys.com/research/Moodys-downgrades-Wahoos-CFR-to-Caa3-outlook-remains-negative--PR_470300


 
Posted : 19/01/2023 8:48 pm
Posts: 17915
Full Member
 

Page not found


 
Posted : 19/01/2023 8:55 pm
Posts: 6409
Free Member
Posts: 2434
Free Member
 

Let’s hope this doesn’t impact Sufferfest (owned by Wahoo). Wahoo System is my go to training platform.


 
Posted : 19/01/2023 9:00 pm
Posts: 43345
Full Member
 

@stwhannah = one for your industry monitoring post?

They were selling off some heavily discounted Kickr bikes a few weeks ago.


 
Posted : 19/01/2023 9:00 pm
Posts: 11486
Full Member
 

So what's the likelihood that the software will keep working if they go bust, or will we end up with an expensive bar ornament?


 
Posted : 19/01/2023 9:07 pm
Posts: 43345
Full Member
 

Hmm. Systm and RGT might be in trouble. I guess the hardware will keep working on other training platforms though (e.g. Zwift) - at least until some OS or application upgrades make it incompatible.


 
Posted : 19/01/2023 9:20 pm
 poah
Posts: 6494
Free Member
 

 
Posted : 19/01/2023 9:22 pm
Posts: 17209
Full Member
 

They’ll be bought up and debts written off. Solid product won’t just disappear, but investors will lose.


 
Posted : 19/01/2023 10:55 pm

6 DAYS LEFT
We are currently at 95% of our target!