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  #1  
Old 01-18-2018, 09:02 PM
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Default 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.

https://www.strata-gee.com/thiel-toast/

- Buck
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Old 01-18-2018, 09:27 PM
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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
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  #3  
Old 01-18-2018, 09:27 PM
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Unfortunately, I’m not surprised. Sad though.
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Old 01-18-2018, 09:41 PM
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At least the Thiel family was able to cash out before enterprise value dropped to zero.
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Old 01-18-2018, 09:48 PM
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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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Old 01-18-2018, 10:19 PM
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Quote:
Originally Posted by nicoff View Post
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
I'm not a WSJ subscriber.

Is there any way I can read that article?
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  #7  
Old 01-18-2018, 11:01 PM
nicoff nicoff is offline
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Default Looks like Thiel Audio is officially done.

Deleted...
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  #8  
Old 01-18-2018, 11:07 PM
nicoff nicoff is offline
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Does this work?
https://drive.google.com/open?id=1hu...wOhtb6HsIBTsZ8
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Old 01-19-2018, 12:36 PM
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Quote:
Originally Posted by nicoff View Post
Thanks for the read permission. I originally read this some time ago. It is certainly illuminating to apply its tenets to many of the industry successions/acquisitions over the time since the article was written.
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Old 01-19-2018, 12:07 AM
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YES!

It did. Thank you very much.

How did you do that?
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