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  1. #1
    Les Paul Forum Member latestarter's Avatar
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    Nov 2009
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    New Zealand
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    3,867
    Otherwise known as Grant.

  2. #2
    Les Paul Forum Member Truss Rob's Avatar
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    May 2019
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    New York City
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    30

    Re: Reverb to be sold

    ​I may have heard a rumbling about that today and totally spaced out . Interesting . But the Etsy CEO saying Reverb is the Etsy of Musical Instruments .. I need to process that statement . I guess it's a good marketing pitch . I think I'm more astonished with how flush with cash Etsy is . " yeah let's take $250m out of the account and buy Reverb." I mean hats off to David Kalt .. I remember about 3 or 4 years ago he was raising $25m for the business .. Rick Nielsen was an angel investor . But Reverb went from $80-90m to a quarter bill revenue in 4 years . That's even more astonishing . I have had good luck on Reverb . Interested to see how Reverb evolves .

  3. #3
    Les Paul Forum Member sonar's Avatar
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    Jan 2003
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    3,487

    Re: Reverb to be sold

    I assume CME is part of the sale?

  4. #4

    Re: Reverb to be sold

    Quote Originally Posted by sonar View Post
    I assume CME is part of the sale?
    Doesn't sound like it

  5. #5

    Re: Reverb to be sold

    As an average Reverb buyer i can't help but to think this is going to suck.

    Whenever there is an acquisition/takeover [and ive been thru many as consumer & employee] the new company always delares "nothing will change" when in fact only one thing changes & that one thing is EVERYTHING.

  6. #6
    Les Paul Forum Member sonar's Avatar
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    Jan 2003
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    3,487

    Re: Reverb to be sold

    Quote Originally Posted by TheArchitect View Post
    Doesn't sound like it
    CME might have a hard time surviving without Reverb.

  7. #7
    Administrator MikeSlub's Avatar
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    Jul 2001
    Location
    America the Beautiful
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    14,500

    Re: Reverb to be sold

    I, too, am concerned. Reverb has been great to buy from. Iíve had good luck with all purchases. Itís well organized. My experience with PE backed companies hasnít been great. When they buy stuff they expect big earnings soon and have a short time horizon before flipping.
    Mike Slubowski

    * "Gibson guitars are like potato chips - you can't have just one!"

    * "So many Gibsons to love, so little time..."

  8. #8
    Les Paul Forum Member deytookerjaabs's Avatar
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    Nov 2016
    Location
    Nashville
    Posts
    1,226

    Re: Reverb to be sold

    So you're sayin Reverb was bought by a flipper??


    Oh the irony!

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