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To: VOA
That address might just be the reason for this latest closure of Indian Motorcycles.

I'm sure that was one of the contributing factors.

But the buzz in the local (San Jose-Gilroy) motorcycle community is that a critical round of funding out of Boston dried up recently when investors saw what the Indian CEOs were paying themselves, along with an opulent Gilroy showroom.

8 posted on 10/24/2003 5:34:25 PM PDT by martin_fierro (A v v n c v l v s M a x i m v s)
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To: martin_fierro
...funding out of Boston dried up recently when investors saw what the Indian CEOs
were paying themselves, along with an opulent Gilroy showroom.


Interesting...we had a trendy shop open up here in West Los Angeles for (IIRC) Atlas Motorcycles.
I said to myself, what real motorcyclist would buy a bike at a place that
looked that slick and trendy?
They were gone in a year or so (of course, there were probably other factors...).
10 posted on 10/24/2003 5:46:18 PM PDT by VOA
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