New Thiel Speakers - Post Jim Thiel Era

01-14-14: Knghifi

"Is it possible these companies go bankrupt are too PASSIONATE audiophiles and NOT good businessmen?"

Oh positively in some cases, and there isn't much heritage built into an industry that relies so heavily on innovation. That makes change from a new investor inevitable. Take it a step further - thats where hedge fund firms come in to play - muscle in and make a change...or else!

"What's your alternative Karl?"

LOL - take my salary from my capitalist corporation and buy another brand.

Good post Knghifi and you are right - hope the cliche "they don't make em like they used to" doesn't apply to the ole Thiel brand!

Good reasoning Knghifi, capitalism is what made it possible to for these
talented entrepreneurs to grow an idea and cultivate and grow successfully
in the first place. So we abolished capitalism and then what, audio
components by government decree? I'll pass. If a consumer doesn't want
these products, the company fails. If they're deemed worthy of purchase
and the consumers are satisfied the company will survive and possibly
flourish. This is the power of choice to say yes or no that capitalism
provides. This is far superior to being told what we can or can't purchase
and limits on how we choose to spend our money.
Charles,

I think you might have misunderstood me. I wasn't questioning why the customer would buy the Thiel name, but rather why the new owners did. The Thiel name represented a specific criterion of design aspects. If they were going to completely deviate from that, it would probably alienate the Thiel customer base. It probably would have been cheaper just to start with a new company name, or perhaps even try and buy PSB. Dear Jim must be turning in his grave. I only hope his family is well taken care of. I seem to remember that the new owners originally declared they were going to maintain the Thiel tradition. I don't see how I could trust them now.

I think they & we will be alright. This is from Thiel yesterday.

Dear Bob,

Sounds great, I wish you luck in getting your system exactly how you want!

We will still be making the CS line for as long as there is demand, so probably for quite some time, and of course we will be able to service them indefinitely.

Have a great day.

Sincerely,

Tim DeYoung | Technical Support

As a current thiel owner (CS2.4) I would not ever consider buying these new speakers and honestly it turns me off the whole brand. There are so many good speakers these days and sadly thiel is going backwards.