Looks like Thiel Audio is officially done.
I guess the writing has been on the wall for quite awhile since the passing of Jim Thiel, but this article, if accurate, says that it's pretty much official. What a sad ending to such a great high end brand with such a history. I still have good memories of my Thiel CS 2.4s......they were real giant killers when price was factored in. I'll always remember hearing the large 7.2s a long time ago as well. :tears:
https://www.strata-gee.com/thiel-toast/ - Buck |
Companies, like people come and go. I had only listened to a few Thiel speakers and for the most part thought they sounded pretty good and represented a especially good deal in the secondary market. I also really liked the "Gibson" starburst finish found on the CS3.7's :thumbsup:
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Unfortunately, I’m not surprised. Sad though.
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At least the Thiel family was able to cash out before enterprise value dropped to zero.
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A shame. But not unusual on family owned businesses that don’t prepare for the future.
Here’s a Peter Drucker article about family businesses... https://www.wsj.com/articles/SB10001...44260451524596 |
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Is there any way I can read that article? |
Looks like Thiel Audio is officially done.
Deleted...
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Does this work?
https://drive.google.com/open?id=1hu...wOhtb6HsIBTsZ8 |
YES!
It did. Thank you very much. How did you do that? |
I converted it to a pdf file. Saved the file on google drive and then gave you permission to see it. Roundabout way, I know, but glad you could read it. That article is from 1994. It is a classic and still used as case study on many MBA programs around the world.
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