Avid Pro Audio Community

Avid Pro Audio Community

How to Join & Post  •  Community Terms of Use  •  Help Us Help You

Knowledge Base Search  •  Community Search  •  Learn & Support


Avid Home Page

Go Back   Avid Pro Audio Community > General Discussion & Off Topic > General Discussion

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 09-21-2021, 04:40 AM
Southsidemusic's Avatar
Southsidemusic Southsidemusic is offline
Moderator
 
Join Date: Dec 2011
Location: Stockholm - Sweden
Posts: 13,574
Default Sweetwater CEO steps down … next GC?

More info:

https://gearspace.com/board/so-much-...n-next-gc.html

This just mooks to become a disaster a la Gibson etc
__________________
Best Regards
Christopher

#thestruggleisreal
—————————————
South Side Music Group
WEBHOME
—————————————
Reply With Quote
  #2  
Old 09-22-2021, 04:43 AM
musicman691 musicman691 is online now
Member
 
Join Date: Dec 2009
Location: The Sopranos State (NJ)
Posts: 18,750
Default Re: Sweetwater CEO steps down … next GC?

Quote:
Originally Posted by Southsidemusic View Post
More info:

https://gearspace.com/board/so-much-...n-next-gc.html

This just mooks to become a disaster a la Gibson etc
Sad. Explains why I got an email from my long-time 'sales engineer' who had been with the company for like 15 years that he was leaving and another person would pick up my account.


They were a good company to deal with if you had a problem. Example: some years back I ordered a Moog Voyager rack mount synth and a DSI PolyEvolver rack mount synth. The PE crapped out after a couple of days. Called up my guy, told him what happened and the synth was picked up by UPS the next day. Less than a week later I get a UPS delivery with the new synth. They had to have shipped the new one when they started the pick-up process and didn't wait to get the original one back. Nice work.


Near as I know there's no one in the US that has the product depth that Sweetwater has.
__________________
Jack
See profile for system details
iMac dead & retired as of 11/4/17

QAPLA!
Reply With Quote
  #3  
Old 10-11-2021, 07:09 AM
K Roche's Avatar
K Roche K Roche is offline
Member
 
Join Date: Jan 2006
Location: Wilds of Wyoming
Posts: 1,491
Default Re: Sweetwater CEO steps down … next GC?

As I noted several times in that GS thread..... Despite what the harbingers of doom on GS predict .. It is all pure speculation at this point.

As an industry Private Equity has about an 80/20 % overall track record , that is 80% of time the business being purchased thrives and often keeps or expands , products and services, and keeps or even expands employees .... the other 20% do however involve cost cutting, reduction in services, and contraction of employment. BUT this most often occurs with bloated Publicly Traded companies, or private companies which are already on a downturn profit or revenue wise . Sweetwater is not only a private company but is a profitable
company.

I could be wrong but at this point I am guessing any employee leaving is for some other reason, then forced contraction by the company .
__________________
System :
Avid Carbon interface , PT Ultimate 2021.6 .....Mid 2020 iMac 27" 3.8GHz 8-core i7 10th Gen processor,,128GB 2666MHz DDR4 memory,,2TB SSD storage,,Radeon Pro 5700 XT with 16GB of GDDR6 memory,, on Catalina 10.15.7

"Peace cannot be kept by force. It can only be achieved by understanding" Albert Einstein

Enjoy the Journey
.... Kev...

Last edited by K Roche; 10-11-2021 at 04:04 PM.
Reply With Quote
  #4  
Old 10-11-2021, 01:58 PM
DonaldM's Avatar
DonaldM DonaldM is offline
Member
 
Join Date: Nov 2007
Location: Indiana
Posts: 4,386
Default Re: Sweetwater CEO steps down … next GC?

I agree. I see no reason at this point to think any sweeping changes are forthcoming. For one thing, I doubt the owner would have sold out to anyone who had a track record of ruining great businesses. Secondly, anyone with a modicum of business saavy could quickly see just how loyal and hard working the SW employees are as well as how loyal the customer base is. First rule of business, if it ain't broke, don't fix it. I suspect any changes we might see will only be improvements. If not...they are only a 2 hour drive away from me...I know right where they are!
__________________
"Never believe anything you hear in a song." Tyrion Lannister, Game of Thrones
Owner: Dragon Rock Productions LLC


Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
DB-33 playing 2 steps down???? Dizzi45Z Pro Tools 10 1 11-17-2011 12:46 AM
Change MBP and OSX? Which steps? auge 003, Mbox 2, Digi 002, original Mbox, Digi 001 (Mac) 0 09-01-2009 08:39 AM
OT; What are the first steps in going pro? curve666 003, Mbox 2, Digi 002, original Mbox, Digi 001 (Mac) 2 12-31-2004 02:46 PM
upgrade to 6.7, the 12 steps... JC925602 Pro Tools TDM Systems (Mac) 1 11-02-2004 09:14 AM
Steps monica fenner 003, Mbox 2, Digi 002, original Mbox, Digi 001 (Win) 4 07-26-2004 09:29 AM


All times are GMT -7. The time now is 07:37 PM.


Powered by: vBulletin, Copyright ©2000 - 2008, Jelsoft Enterprises Limited. Forum Hosted By: URLJet.com