Rivendell needs help.
#201
Senior Member
Join Date: Jul 2006
Posts: 3,049
Mentioned: 63 Post(s)
Tagged: 0 Thread(s)
Quoted: 1210 Post(s)
Liked 167 Times
in
107 Posts
Good for them. I've always found Grant to be the most endearing member of the bicycle industry and his transparency and direct communication style is a big part of that.
#202
Senior Member
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 27,600
Mentioned: 217 Post(s)
Tagged: 0 Thread(s)
Quoted: 18320 Post(s)
Liked 4,489 Times
in
3,338 Posts
I wish them luck
I think they would have done well to buy out a small company like Bruce Gordon and build up domestic production, although perhaps there are benefits of starting with new equipment.
I think they would have done well to buy out a small company like Bruce Gordon and build up domestic production, although perhaps there are benefits of starting with new equipment.
#203
Full Member
Join Date: Jan 2015
Location: Grass Valley, Ca
Posts: 387
Bikes: Surly Cross Check, Specialized Enduro Pro, Lemond Tourmalet
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 105 Post(s)
Liked 192 Times
in
94 Posts
I got the email, too.
A good example of why doing your little bit to save a company like Rivendell is a little bit more than just grudgingly offering up a no-interest loan to some slacker who's on the way to bankruptcy anyway.
The Rivraffle pot is up to $90, now. Feel free to chip in anytime up 'til 9am Pacific Time, Thursday 15 March, then I'll cut it off for the drawing.
A good example of why doing your little bit to save a company like Rivendell is a little bit more than just grudgingly offering up a no-interest loan to some slacker who's on the way to bankruptcy anyway.
The Rivraffle pot is up to $90, now. Feel free to chip in anytime up 'til 9am Pacific Time, Thursday 15 March, then I'll cut it off for the drawing.
I wouldn't mind having a Riv frame, but the reality of bikes I can ride without worrying about them in a rack downtown wins out. I've bought small stuff from them, including "Just Ride", Grant's book. One I encourage people to read, but don't loan out, because I want mine back......
Did the Riv-Like build on a Rockhopper Comp. North Road bars, Ergo grips wrapped with cloth tape, SPD/flat pedals etc. Very happy with it. I'm in about $200 total. And, it's good enough....
Last edited by gorillimo; 02-27-18 at 11:18 PM.
#204
Clark W. Griswold
Join Date: Mar 2014
Location: ,location, location
Posts: 13,280
Bikes: Foundry Chilkoot Ti W/Ultegra Di2, Salsa Timberjack Ti, Cinelli Mash Work RandoCross Fun Time Machine, 1x9 XT Parts Hybrid, Co-Motion Cascadia, Specialized Langster, Phil Wood Apple VeloXS Frame (w/DA 7400), R+M Supercharger2 Rohloff, Habanero Ti 26
Mentioned: 54 Post(s)
Tagged: 0 Thread(s)
Quoted: 4253 Post(s)
Liked 3,866 Times
in
2,579 Posts
Catalogs are fun to look at but the internets can has all the catalogs and more, even VHS cassette tapes that play through tubes and pocket sized Coleco-vision on your portable computer telephone. If only someone had told Grant this he might not have been in such dire straits. They even have a Portable Computer Telephone for just reading books like say Lord of the Rings or the RBW Catalog ; )
Glad they didn't sink but hopefully they figure out this business thing so they stay more viable.
Glad they didn't sink but hopefully they figure out this business thing so they stay more viable.
#205
Senior Member
Join Date: Aug 2006
Location: Portland OR
Posts: 7,644
Bikes: 61 Bianchi Specialissima 71 Peugeot G50 7? P'geot PX10 74 Raleigh GranSport 75 P'geot UO8 78? Raleigh Team Pro 82 P'geot PSV 86 P'geot PX 91 Bridgestone MB0 92 B'stone XO1 97 Rans VRex 92 Cannondale R1000 94 B'stone MB5 97 Vitus 997
Mentioned: 146 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 48 Times
in
30 Posts
Sometimes good things happen. I'm happy.
#206
Senior Member
Join Date: Jun 2006
Posts: 20,323
Mentioned: 129 Post(s)
Tagged: 0 Thread(s)
Quoted: 3449 Post(s)
Liked 2,800 Times
in
1,974 Posts
Interesting to note that some shipments were late and some early. The early are an interesting look into the world of manufacturing in Asia. That part of the bicycle supply chain is hurting too obviously.
#207
Senior Member
Join Date: Jul 2011
Location: Central Florida
Posts: 203
Bikes: 2018 Trek FX7.3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 46 Post(s)
Likes: 0
Liked 2 Times
in
2 Posts
From an accounting perspective, they have now incurred $215,000 in liabilities in order to raise $215,000 in cash. Well worth it, and I'm glad it seems to have worked.
If your goal was to donate to the cause rather than actually buying an item later at a discount, let them know and let them destroy your code or whatever they gave you. This way they can take the liability off the books. It would get transferred to Owner Equity or Retained Earnings, depending on their accounting structure.
If your goal was to donate to the cause rather than actually buying an item later at a discount, let them know and let them destroy your code or whatever they gave you. This way they can take the liability off the books. It would get transferred to Owner Equity or Retained Earnings, depending on their accounting structure.
#209
Bike Butcher of Portland
Join Date: Jul 2014
Location: Portland, OR
Posts: 11,641
Bikes: It's complicated.
Mentioned: 1299 Post(s)
Tagged: 0 Thread(s)
Quoted: 4671 Post(s)
Liked 5,769 Times
in
2,272 Posts
#210
Senior Member
Join Date: Nov 2011
Location: Port Angeles, WA
Posts: 8,016
Bikes: A green one, "Ragleigh," or something.
Mentioned: 194 Post(s)
Tagged: 0 Thread(s)
Quoted: 1627 Post(s)
Liked 629 Times
in
355 Posts
The Rivraffle pot is up to $130, including one playa donating a Hail Mary and declining to have his name in the hat. We've got a good gang, here.
__________________
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1979 Motobecane Grand Jubile ●1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1979 Motobecane Grand Jubile ●1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
#211
Senior Member
Join Date: Aug 2006
Location: Portland OR
Posts: 7,644
Bikes: 61 Bianchi Specialissima 71 Peugeot G50 7? P'geot PX10 74 Raleigh GranSport 75 P'geot UO8 78? Raleigh Team Pro 82 P'geot PSV 86 P'geot PX 91 Bridgestone MB0 92 B'stone XO1 97 Rans VRex 92 Cannondale R1000 94 B'stone MB5 97 Vitus 997
Mentioned: 146 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 48 Times
in
30 Posts
From an accounting perspective, they have now incurred $215,000 in liabilities in order to raise $215,000 in cash. Well worth it, and I'm glad it seems to have worked.
If your goal was to donate to the cause rather than actually buying an item later at a discount, let them know and let them destroy your code or whatever they gave you. This way they can take the liability off the books. It would get transferred to Owner Equity or Retained Earnings, depending on their accounting structure.
If your goal was to donate to the cause rather than actually buying an item later at a discount, let them know and let them destroy your code or whatever they gave you. This way they can take the liability off the books. It would get transferred to Owner Equity or Retained Earnings, depending on their accounting structure.
#213
Senior Member
Join Date: Jul 2011
Location: Central Florida
Posts: 203
Bikes: 2018 Trek FX7.3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 46 Post(s)
Likes: 0
Liked 2 Times
in
2 Posts
This is because vendors or stores were issuing gift cards that were good for one year (or less) or started charging "fees" on the cards so that the card would be useless over time. They got the cash and left the holder of the card high and dry.
The liability has to stay on the books forever, sort of. As the liability ages (just like Account Receivables), it gets less "valuable" and collectible. You can write off AR at a specific rate, but I don't remember the rules for "writing off" liabilities, if they exist at all.
The liability has to stay on the books forever, sort of. As the liability ages (just like Account Receivables), it gets less "valuable" and collectible. You can write off AR at a specific rate, but I don't remember the rules for "writing off" liabilities, if they exist at all.
#214
Senior Member
Join Date: Nov 2011
Location: Port Angeles, WA
Posts: 8,016
Bikes: A green one, "Ragleigh," or something.
Mentioned: 194 Post(s)
Tagged: 0 Thread(s)
Quoted: 1627 Post(s)
Liked 629 Times
in
355 Posts
The liability has to stay on the books forever, sort of. As the liability ages (just like Account Receivables), it gets less "valuable" and collectible. You can write off AR at a specific rate, but I don't remember the rules for "writing off" liabilities, if they exist at all.
In practice, the card issuer may (or may not) actually honor the face value even if it has aged into - legally - less than face value.
__________________
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1979 Motobecane Grand Jubile ●1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1979 Motobecane Grand Jubile ●1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
#215
Senior Member
Join Date: Sep 2017
Location: Hotel CA / DFW
Posts: 1,722
Bikes: 83 Colnago Super, 87 50th Daccordi, 79 & 87 Guerciotti's, 90s DB/GT Mtn Bikes, 90s Colnago Master and Titanio, 96 Serotta Colorado TG, 95/05 Colnago C40/C50, 06 DbyLS TI, 08 Lemond Filmore FG SS, 12 Cervelo R3, 20/15 Surly Stragler & Steamroller
Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 597 Post(s)
Liked 768 Times
in
491 Posts
Im a Rivendell supporter and owner of a Resurrectio single speed bike using an 85 schwinn traveler frame. Its a great trail bike. Im glad to see them surviving and hope they can thrive. Love to see nice steel frames and classic steel resurrections !
Last edited by joesch; 03-01-18 at 10:27 PM. Reason: more info
#216
Bike Butcher of Portland
Join Date: Jul 2014
Location: Portland, OR
Posts: 11,641
Bikes: It's complicated.
Mentioned: 1299 Post(s)
Tagged: 0 Thread(s)
Quoted: 4671 Post(s)
Liked 5,769 Times
in
2,272 Posts
But we're not quite to ten pages, a requirement for any G.P. thread...
__________________
If someone tells you that you have enough bicycles and you don't need any more, stop talking to them. You don't need that kind of negativity in your life.
If someone tells you that you have enough bicycles and you don't need any more, stop talking to them. You don't need that kind of negativity in your life.
#217
Master Parts Rearranger
Join Date: Mar 2015
Location: Portlandia's Kuiper Belt, OR
Posts: 4,680
Bikes: 1982 Trek 720 - 1985 Trek 620 - 1984 Trek 620 - 1980 Trek 510 - Other luminaries past and present
Mentioned: 221 Post(s)
Tagged: 0 Thread(s)
Quoted: 1553 Post(s)
Liked 2,006 Times
in
984 Posts
Took a look at their website. Some lovely components for sale, ones I certainly appreciate that they are selling those. Too bad I have spare parts and am hooked on the drug that is local bikes shops with used parts for sale...
/one post closer to ten
/one post closer to ten
#218
Senior Member
Join Date: Jan 2008
Location: Beaverton, OR
Posts: 14,787
Bikes: Yes
Mentioned: 522 Post(s)
Tagged: 0 Thread(s)
Quoted: 3228 Post(s)
Liked 3,854 Times
in
1,436 Posts
Maybe we should talk about whether or not we should all be riding in wool underwear.
__________________
My Bikes
My Bikes
#219
Senior Member
Join Date: Dec 2005
Posts: 17,127
Mentioned: 480 Post(s)
Tagged: 0 Thread(s)
Quoted: 3788 Post(s)
Liked 6,575 Times
in
2,580 Posts
#220
Senior Member
Thread Starter
Join Date: Sep 2005
Location: Oakland, CA
Posts: 3,291
Bikes: '82 Univega Competizione, '72 Motobecane Grand Record, '83 Mercian KOM Touring, '85 Univega Alpina Uno, '76 Eisentraut Limited
Mentioned: 57 Post(s)
Tagged: 0 Thread(s)
Quoted: 1088 Post(s)
Liked 1,204 Times
in
700 Posts
If I can donate my cash to keep Riv afloat, I can certainly donate one post to the equally noble cause of securing Grant’s narrative legacy.
#222
royal dutch of dukes
Join Date: Sep 2004
Location: brooklyn, nyc
Posts: 400
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 66 Post(s)
Liked 0 Times
in
0 Posts
#223
Forum Moderator
Join Date: Jul 2007
Location: Kalamazoo MI
Posts: 21,325
Bikes: Fuji SL2.1 Carbon Di2 Cannondale Synapse Alloy 4 Trek Checkpoint ALR-5 Viscount Aerospace Pro Colnago Classic Rabobank Schwinn Waterford PMount Raleigh C50 Cromoly Hybrid Legnano Tipo Roma Pista
Mentioned: 58 Post(s)
Tagged: 0 Thread(s)
Quoted: 3059 Post(s)
Liked 6,380 Times
in
3,692 Posts
#225
Mike J
Join Date: Nov 2013
Location: Jacksonville Florida
Posts: 1,609
Bikes: 1975 Peugeot PX-50L, 1971 Peugeot PX-10, 1974 Peugeot PX-8
Mentioned: 27 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 6 Times
in
6 Posts
Sometimes the end users create their own goodwill by selfless acts.