LOL, I can see the ad now....
"Mama Don't like to Ride No More."
The EM Terse
Cause, Mama Don't like to Ride No More.
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You can register using your Google, Facebook, or Twitter account, just click here.LOL, I can see the ad now....
"Mama Don't like to Ride No More."
I don't see the attraction of the Elio to motorcycle riders though as some kind of replacement. IMHO It has almost nothing in common with the motorcycle riding experience, which is why people ride, right? No wind, no leaning (riding!), no being out in the elements, no engine noise, etc. etc. You don't ride an Elio, you drive it.
I was hoping this thread were going a different way...I was hoping that it would be about investment in company, such as an IPO..............There are certainly some smart people here, anyone have any idea what an IPO could raise? I don't see how this company gets an Elio in production, without an ipo. I don't see banks lending Elio Motors a $100 million...........I know people don't think it's not fair to compare this to other start ups or other 3 wheelers. I do (I'm not rooting for failure, because I, like many others are out $1k). Corbin Sparrow failed, true not competitor to the Elio, but what is fair to acknowledge is the fact Corbin was started by successful, accomplished businessmen. And it failed.
Banks are not the place to turn to when starting a company like this. What Elio will do is find several venture capital firms willing to invest the necessary funds to get the company off the ground and running. With the right deals it is possible for Elio to raise several hundred million dollars this way. The IPO will come but only after vehicles have been coming off the assembly line and are being sold to the general public. At this point an IPO is used so the venture capital investors, as well as Paul Elio and all his associates, can cash out. Of course before you get to the point where an IPO would make sense the business could go bankrupt and/or be sold.
"Bank" as in any institution offering financial services. As I assume we(reservationists) all got the email from Elio "The Most Frequently Asked Preview Tour Questions Answered"
Not one of the questions addressed any sort of finacial backing, deals etc. Before anyone claims secrecy, Elio made announcement January 6, 2014 about finalizing plant deal, and raising 7 million dollars. I cannot believe financial backing of Elio was not a frequently asked question.
Very well stated. You and I are on exactly the same page. I sold my bike 2 weeks ago.I recently sold my last motorcycle. Why? Because while I loved riding, I never actually rode. Why not? Because the most obvious time to ride (to work and back) makes riding suck. In the winter it's cold as hell in the morning but beautiful in the afternoon. In the summer it's beautiful in the morning but miserably hot during the afternoon. In other words, I quit riding because the weather was always utter crap for 50% of my daily ride and I just decided that the 50% that was nice wasn't worth the 50% that sucked ass. But along comes Elio....
Winter mornings? Roll up the windows. Turn on the heater. Ah.....
Winter afternoons? Roll down the windows, stick an arm out *each* window. Ah.... Not *quite* the same as riding a motorcycle, but damned close.
Summer mornings? Same as winter afternoons. Sweet!
Summer afternoons? Roll up windows and turn on the AC. Nice...
Thus, the 50% of my riding that sucked should no longer suck.
Oh, and I've never felt the wind through my hair while riding a motorcycle. They're called helmets. I *have* however, enjoyed the heck out of that experience while driving/riding in my wife's convertible. Driving with the top down is *almost* as much fun as riding. I imagine an Elio will be closer to riding than a roadster, but with all the same comfort.... Which means it will be awesome.
"Bank" as in any institution offering financial services. As I assume we(reservationists) all got the email from Elio "The Most Frequently Asked Preview Tour Questions Answered"
Not one of the questions addressed any sort of finacial backing, deals etc. Before anyone claims secrecy, Elio made announcement January 6, 2014 about finalizing plant deal, and raising 7 million dollars. I cannot believe financial backing of Elio was not a frequently asked question.
Very well stated. You and I are on exactly the same page. I sold my bike 2 weeks ago.