Comments for Mojo Blog http://www.silverfishlongboarding.com/components/com_mojo Sat, 21 Nov 2009 01:46:12 +0000 http://wordpress.org/?v=2.0 Comment on a million tempests in a million teacups… by Attritionist http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,331/#comment-15902 Tue, 15 Sep 2009 16:12:59 +0000 http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,331/#comment-15902 I agree with Michael about the missed opportunity for shops. I am a shop owner, we try to carry a variety of stuff, because skating is skating. But... I see just as much narrow-mindedness from the hardcore longboard ("please don't call us 'skaters'!!!Ugh! We're LONGBOARDERS!) crowd. They will disdainfully look away from a video playing in the shop because it's not their thing. They are generally ignorant about some of the greatest skaters of all time & their achievements. They are elitist & fanatically boring about gear. As for the first-time longboard buyers, they are mostly enthusiastic, open-minded & refreshing to deal with. (Although you sometimes have to overlook the jester hats, overalls & hackey sacks!) I agree with Michael about the missed opportunity for shops. I am a shop owner, we try to carry a variety of stuff, because skating is skating. But… I see just as much narrow-mindedness from the hardcore longboard (”please don’t call us ’skaters’!!!Ugh! We’re LONGBOARDERS!) crowd. They will disdainfully look away from a video playing in the shop because it’s not their thing. They are generally ignorant about some of the greatest skaters of all time & their achievements. They are elitist & fanatically boring about gear. As for the first-time longboard buyers, they are mostly enthusiastic, open-minded & refreshing to deal with. (Although you sometimes have to overlook the jester hats, overalls & hackey sacks!)

]]> Comment on by EBasil http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,298/#comment-11445 Mon, 19 Jan 2009 21:25:40 +0000 http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,298/#comment-11445 Good grief! What are you trying to say? Prunes? WHAT?? Good grief! What are you trying to say? Prunes? WHAT??

]]> Comment on Our first trade show…starts in 1 day, 11 hours and 38 minutes and five seconds by Momona Boe http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,272/#comment-8360 Fri, 12 Sep 2008 20:15:43 +0000 http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,272/#comment-8360 Mikey - next time tell me you have a booth, I'll come work it for free. Just give me a corner of a room to crash. Fatty Mikey - next time tell me you have a booth, I’ll come work it for free. Just give me a corner of a room to crash.

Fatty

]]> Comment on my first few thoughts on the Billabong acquisition of Sector 9 by nate http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,251/#comment-8343 Wed, 02 Jul 2008 03:40:37 +0000 http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,251/#comment-8343 any comments on the clues this gives as to the size of the longboard market? the news release says it will add 2% to Billabong's revenues. 06/07 revenues for Billabong were 1.2B AUS (roughly on par with USD). 2% makes $24m annual revenues. rough guesses on market share for S9? 10%? You can then extrapolate different wild figures from the size of the longboard market as a whole... Also you can make guesses on the payout for this. What revenue multiple are skate companies usually valued at? 1X? 2X? Say they paid 1X for S9. $24m. Say the owners/cofounders had 30% each, that's a 7m payout... Not bad! All of the above is total speculation and is probably grossly inaccurate; without actual figures it's impossible to know anything. [But if you wait till their next semi-annual Billabong figures come out, the purchase price should be reflected in their reporting] any comments on the clues this gives as to the size of the longboard market?

the news release says it will add 2% to Billabong’s revenues. 06/07 revenues for Billabong were 1.2B AUS (roughly on par with USD). 2% makes $24m annual revenues.

rough guesses on market share for S9? 10%? You can then extrapolate different wild figures from the size of the longboard market as a whole…

Also you can make guesses on the payout for this. What revenue multiple are skate companies usually valued at? 1X? 2X?

Say they paid 1X for S9. $24m. Say the owners/cofounders had 30% each, that’s a 7m payout… Not bad!

All of the above is total speculation and is probably grossly inaccurate; without actual figures it’s impossible to know anything. [But if you wait till their next semi-annual Billabong figures come out, the purchase price should be reflected in their reporting]

]]> Comment on Push vs Pull by Momona Boe http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,247/#comment-8336 Wed, 11 Jun 2008 18:19:39 +0000 http://www.silverfishlongboarding.com/option,com_mojo/Itemid,108/p,247/#comment-8336 Nice Mikey! And you can probably bet that they will take better care of the van, you're not just a faceless customer - you're the guy with the skateboard! Oh, and nice work with the Witnesses - they never come to my house, guess they can't get past the hearse in the driveway...... Nice Mikey!

And you can probably bet that they will take better care of the van, you’re not just a faceless customer - you’re the guy with the skateboard!

Oh, and nice work with the Witnesses - they never come to my house, guess they can’t get past the hearse in the driveway……

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