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By selling off and making enough money to be comfortable he could go back to a small workshop and do what he loves and have a more hands-on business again (without the worry of how to pay the bills)
Many guitars have a re-sale value. Some you'll never want to sell.
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That press release smacks of the usual text that's been checked by lawyers and given the OK by a committee.
Well, if John Suhr started making guitars on a small basis I would definitely buy them from him over whatever the "Suhr" brand will become.
My music:- https://soundcloud.com/hubobulous
I still think it's a slightly odd move to sell it to a venture capatilist company TBH. There are other buyers who would likely take more "care" of the reputation that's been built of what is still a relatively small boutique business. i.e. another company in the MI business.
It's a different approach than, say Taylor, where Bob is obviously grooming Andy Powers to take over from him eventually rather than selling up.
I'd love to see the contract he has signed with the venture capitalists.
My music:- https://soundcloud.com/hubobulous
My YouTube Channel
Same thing with Fender.
Leo sold his name and company to CBS, saw out his consultancy contract and then started G&L.
Me too! I'm not planning on getting a new guitar as I very much like my Suhr. I will most likely see what the pre-AVLP Suhrs are fetching and , if it's more than their original price, then I would most likely buy a new guitar and put my Suhr in storage until I decide to sell.
Whatever happens to the quality it's a certainty that guitarists will put a premium on "pre-AVLP" Suhrs though.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
Lets hope it doesn't end up going the way of Hamer.
My YouTube Channel
My music:- https://soundcloud.com/hubobulous
that's corp management code for:
they're going to get totally fkd and "Pre-Av" will become the new Suhr vintage...