Yeah, but why is that important? He made a hypothesis based on zero information. He actually cited common sense as why ‘knows’ something. That certainly doesn’t prove the hypothesis. I can say for a fact that ABEC does NOT make a massive profit on flywheels, @davewood1982 “knows” it though despite the complete lack of evidence…
Theory* (I’m not making a low blow, I make misspellings often too) But your point about economics of scale is just a phrase until you add proper values, which you cannot.
You don’t need actually numbers to understand the statement that, the market and production of esk8 parts it smaller than that of other products.
How can you say for a fact? You are now making hypothesis based on zero information, or if you have, you aren’t offering it.
229 million TVs sold last year
probably 290,000 thousand electric skateboards
do the math, I don’t know how to explain this to you otherwise.
“PROBABLY” oh lord.
can’t believe there’s no flags on this thread yet. was that functionality killed?
Ok srry I think it was just a typo he meant 200 million boards… in my town there are even repair shops for eboards… sarcasm
http://www.digitaljournal.com/pr/3666808
I say probably because I’m making an estimate. Nobody knows the overall market, or nobody who does is willing to share it online.
Because it is an important conversation to be had, although there is bound to be a lot of opinions being thrown around.
If anything the market is underpriced and we will soon see more expensive options … Go ahead, ask me how I know!
So don’t use it as a point then. Simple.
i’m just enjoying the show hah
The numbers are irrelevant, the theory is what matters. We just need to know that there are vastly more TVs sold then electric skateboards, which is why components are comparatively cheaper.
Prices go down in niche industries as they grow, because more people are buying hence more is made hence lower overall prices.
Good. Weed out the weak.
I can say for a fact because I know people that work at ABEC, I know what the material cost is for skateboard wheels and flywheels specifically.
I’m not offering you proof because I didn’t make the hypothesis, the burden of proof remains on the person that makes a hypothesis. I’m also not offering you proof because its privileged, and frankly you have no need for and don’t deserve the information.
Those are one of the core principles of economics… but if he doesn’t even understand that then whats the point of discussing with him…
Agreed, this thread has run its course. Even the original s***-stirrer is gone.
You made the hypothesis that ABEC doesn’t make huge amounts of profit, and didn’t provide proof. So if you can’t provide proof, retract the statement.
And the crowd says…
“How do you know”