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Forums13
Topics6,775
Posts38,087
Members8,961
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Most Online117 Jan 16th, 2020
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#37370 - 04/30/24 02:40 AM
Re: Smartrise Alpa Lawsuits
[Re: ashley]
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Joined: Dec 2021
Posts: 47
Alex_ELMAN
Miami Elevator
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Miami Elevator
Joined: Dec 2021
Posts: 47
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Yeah, I get what you're saying, especially when it comes to family businesses. But for companies with three, four, or more shareholders, it's a whole different ball game. They all start from scratch, then go through about 8 to 10 years of hustling before hitting their peak. Smart move is usually to sell high and start fresh. But after that peak, things often get messy between the owners. That's when the company starts spiraling downhill, either crashing and burning or just shrinking away. Take Smartrise, for example. About 5 or 6 years back, they were killing it. But then internal conflicts cropped up, and one owner bailed while the others went their separate ways. Back then, Smartrise had the edge because there weren't many alternatives. But now, the competition's fierce.
This rollercoaster ride is pretty typical for small to mid-sized fast-growing companies. Sometimes, transitions are smooth, like when Smartrise spun off from MCE. But other times, like with Alpha, it's all lawsuits and chaos, which only drags both companies down even more.
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#37422 - 05/07/24 07:12 PM
Nothing
[Re: Alex_ELMAN]
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Joined: Oct 2022
Posts: 21
elevatorman1966
stranger
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stranger
Joined: Oct 2022
Posts: 21
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nothing
Last edited by elevatorman1966; 05/07/24 07:13 PM.
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#37427 - 05/09/24 03:58 AM
Re: Nothing
[Re: ashley]
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Joined: Dec 2021
Posts: 47
Alex_ELMAN
Miami Elevator
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Miami Elevator
Joined: Dec 2021
Posts: 47
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@Cali Yeah, The reason it is hard to believe when you say "there is a partnership" is, Hyperion? They're like this big ol' company gobbling up everything in sight, not really into teaming up. You check out their site www.hyperion-solutions.com, you'll see they've got a whole bunch of brands under their belt, like Capital Electric Motor, EECO, EMI PORTA, LiftNet, Mcintosh, Texacone, Titan, TorinDrive, Vator, and ZZIPCO. And let me tell ya, smartrise tried to get in with them twice, but their recent slumps messed up the deals. I'm with you on how mergers and all that finance stuff don't always mean better quality or support. Big guys like to swallow up the little ones for their customers, not really for their crappy products they make. Think about it, if smartrise gets bought out, it ain't gonna be pretty for us with smartrise controllers. The support's already lousy, and the products ain't much better. If Hyperion swoops in, it's just gonna make things worse. Hope that clears things up for ya.
Last edited by Alex_ELMAN; 05/09/24 03:59 AM.
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