CrossFit Discussion Board

CrossFit Discussion Board (http://board.crossfit.com/index.php)
-   Community (http://board.crossfit.com/forumdisplay.php?f=25)
-   -   Stop Anthos from Taking over CrossFit (http://board.crossfit.com/showthread.php?t=76936)

Russell Greene 07-28-2012 05:41 PM

Stop Anthos from Taking over CrossFit
 
CrossFitters,

I have some important news for you. Anthos Capital wants to take control of the CrossFit affiliate system. Anthos is offering $20 million to a non-managing equity partner of CrossFit Inc. in order to establish a managing stake in the company. This is important because Anthos does not view CrossFit affiliates the way we all do. Anthos doesn't care about professional trainers improving people's lives; they see CrossFit affiliates as a mechanism to sell more supplements and equipment.

If they succeed, Anthos's first step will be to force all CrossFit affiliates to morph from professional training facilities into supplement and equipment peddlers. In that case, affiliates will lose the right to choose between an array of competing brands such as Rogue, Again Faster, SFH, and Pure Pharma. Affiliates will be forced to sell the Anthos company's endorsed line of products.

If Anthos gains control of CrossFit, then the CrossFit affiliate system will cease to exist as we know it. Affiliates will no longer pay a minimal licensing fee and manage their own CrossFit gyms as they see fit. Instead, they will report to a domineering bureaucracy that seeks to extract maximal profit from them while micro-managing every significant facet of their business. CrossFit facilities will be run like your neighborhood McDonald's or Gold's Gym.

CrossFit affiliates signed up to provide a revolutionary service for improving people's lives. CrossFit founder Greg Glassman's original vision is stronger today than ever: a network of CrossFit affiliates making peoples' lives better through constantly varied, functional movement at high intensity and teaching them to eat meat and vegetables, nuts and seeds, some fruit, little starch and no sugar. If Anthos takes over, however, this vision of CrossFit will end. CrossFit affiliates will become part of an organization that is the antithesis of what they believe in.

All this probably sounds a little scary, but the CrossFit community can stop this. CrossFit affiliates have the power here. If CrossFit's affiliates oppose Anthos' actions, then Anthos will never be able to gain control of the community - it doesn't matter how much money they have. And Greg Glassman is 100% committed to keeping CrossFit true to its covenant with affiliates.

If you want to stop Anthos from ruining CrossFit, tell your friends and the CrossFit Affiliate owners you know exactly what Anthos is up to. Make a blog post on your Affiliate's site, post to Facebook, Tweet about it, do whatever it is you like to do to get the word out. Let's let the world know how we feel about Anthos trying to turn CrossFit affiliates into Globo Gyms.

As Greg says, "Never sell out."

Brian Strump 07-28-2012 06:19 PM

Re: Stop Anthos from Taking over CrossFit
 
I'm confused here.....Who's choice is this whether this happens or not? The way your post sounds, it seems like the affiliates have a say in this? If that's so, why would they choice to do this?

Russell Greene 07-28-2012 06:29 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Brian Strump (Post 1081710)
I'm confused here.....Who's choice is this whether this happens or not? The way your post sounds, it seems like the affiliates have a say in this? If that's so, why would they choice to do this?

Brian,

If CrossFit affiliates are vocal in their disapproval of Anthos' plan, that will make their "investment" seem like a much worse decision.

Also, it is my belief that CrossFit affiliates are far too committed to making people's lives better to support this plan. Even if Anthos manages to force their way in, they'll find a CrossFit affiliate community entirely unwilling to cooperate with them.

Steve Rakow 07-28-2012 06:32 PM

Re: Stop Anthos from Taking over CrossFit
 
I agree with Brian, who/what is Anthos and what power could they possibly have to take over the affiliate system?

Steve Rakow 07-28-2012 06:35 PM

Re: Stop Anthos from Taking over CrossFit
 
Why don't you "out" the non-managing, equity partner who, from your post, seems to be in bed with this equity firm? I have an idea who it might be, but no idea why this person would want to destroy the system -- other than for mere greed and to hurt Greg.

Brian Strump 07-28-2012 06:50 PM

Re: Stop Anthos from Taking over CrossFit
 
Still sounds fishy. In the post you made, you urged members of affiliates to go onto the affiliate website and facebook to complain, WHY wouldn't you post this on the affiliates pages if they do have some say it what you're talking about?
If they "take over" and I don't cooperate, wouldn't we, as an affiliate be forced to cooperate?

Personally, if a company were to force me to run my business anyway other than our current agreement, within reason; I would just drop the CrossFit name, and continue with business as usual.

Edit: Just read the post in the affiliate page. Thanks.



Quote:

Originally Posted by Russell Greene (Post 1081717)
Brian,

If CrossFit affiliates are vocal in their disapproval of Anthos' plan, that will make their "investment" seem like a much worse decision.

Also, it is my belief that CrossFit affiliates are far too committed to making people's lives better to support this plan. Even if Anthos manages to force their way in, they'll find a CrossFit affiliate community entirely unwilling to cooperate with them.


Russell Berger 07-28-2012 06:58 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Brian Strump (Post 1081725)
Still sounds fishy. In the post you made, you urged members of affiliates to go onto the affiliate website and facebook to complain, WHY wouldn't you post this on the affiliates pages if they do have some say it what you're talking about?
If they "take over" and I don't cooperate, wouldn't we, as an affiliate be forced to cooperate?

Personally, if a company were to force me to run my business anyway other than our current agreement, within reason; I would just drop the CrossFit name, and continue with business as usual.


Brain,
I've already posted on the Affiliate board on the same topic.

I agree with you. I think almost every Affiliate would just de-affiliate and walk away from "new ownership" looking to turn Affiliates into a globo-gyms. That's exactly what we are saying we would want you to do. Greg Glassman is fighting this with everything we have, but this is still a serious threat by a bunch of money-hungry VC types with law degrees. They are looking at you and all the other Affiliates like an untapped resource, not an independent business that will give them the middle finger if they win control. We both know what will really happen and the goal is to show them it's not going to be worth it for them.

Steve Liberati 07-28-2012 07:03 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Steve Rakow (Post 1081724)
Why don't you "out" the non-managing, equity partner who, from your post, seems to be in bed with this equity firm? I have an idea who it might be, but no idea why this person would want to destroy the system -- other than for mere greed and to hurt Greg.

Ex-wives can be very revengeful.

Brian Strump 07-28-2012 07:03 PM

Re: Stop Anthos from Taking over CrossFit
 
Thanks Russell. I just saw that. I've emailed them letting them know that at least 1 affiliate will not allow them any control over what we do.


Quote:

Originally Posted by Russell Berger (Post 1081728)
Brain,
I've already posted on the Affiliate board on the same topic.

I agree with you. I think almost every Affiliate would just de-affiliate and walk away from "new ownership" looking to turn Affiliates into a globo-gyms. That's exactly what we are saying we would want you to do. Greg Glassman is fighting this with everything we have, but this is still a serious threat by a bunch of money-hungry VC types with law degrees. They are looking at you and all the other Affiliates like an untapped resource, not an independent business that will give them the middle finger if they win control. We both know what will really happen and the goal is to show them it's not going to be worth it for them.


Ben Norris 07-28-2012 07:10 PM

Re: Stop Anthos from Taking over CrossFit
 
Correct me if I am wrong but if Greg Glassman owns Crossfit (does Crossfit have a board of Directors?) surely him or the board would simply knock back any offer made by this company? Assuming that Glassman and the board deny all takeover bids then this company would be powerless to take over Crossfit and as such take over the affilitates?

Steve Liberati 07-28-2012 07:17 PM

Re: Stop Anthos from Taking over CrossFit
 
This same company contacted me back in November about becoming a potential partner of Steve's Original but I told them I was not interested.

This would be a very poor investment choice for Anthos as it would **** off thousands of people and most likely destroy the affiliate model.

If they tried to enforce me how to run my gym, I would simply not renew the license agreement.

Kevin Daigle 07-28-2012 07:20 PM

Re: Stop Anthos from Taking over CrossFit
 
It's like this,

If the affiliates and the community are aware of what's going on here, the "market" that this company is interested in "acquiring" vanishes instantly and they'll no longer have any interest in continuing.

This "market" actually doesn't exist now, but this company doesn't know that yet.

The community can easily make that happen by spreading the word about this. They don't yet understand that the CrossFit community isn't interested in doing business with them ... but we can make sure that they do.

Russell Berger 07-28-2012 07:21 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Ben Norris (Post 1081734)
Correct me if I am wrong but if Greg Glassman owns Crossfit (does Crossfit have a board of Directors?) surely him or the board would simply knock back any offer made by this company? Assuming that Glassman and the board deny all takeover bids then this company would be powerless to take over Crossfit and as such take over the affilitates?

Ben,
Good questions. Greg Glassman is the CEO and president of CrossFit. His non-managing equity partner has left the gate open, and now we have a wolf to deal with in the form of Anthos. Anthos is not offering to buy Greg's ownership but his partner's ownership of the company. This would result in Anthos as a partner in CrossFit Inc.

Steve Liberati 07-28-2012 07:42 PM

Re: Stop Anthos from Taking over CrossFit
 
Just posted this on the affiliate board:

If this is really a serious threat, I would think Greg has enough influence around here to rally the troops against Anthos to take a stand and ultimately show our dissent for the deal…

If this is more than internet talk, I hope Greg steps up and writes a personal memo to the affiliates to address this serious issue and makes every effort to use his resources to ask the affiliates to take the necessary action to prevent this from happening.

As a long standing member of this community, I have witnessed a handful of issues come up over the years that threatened the brand name of CrossFit….but I think this one is by far the most serious threat to date.

I think it would be much more effective if Greg addressed this issue himself by writing a personal memo to the affiliate community. This would quickly get every affiliates attention so we can ALL rally together to tell Anthos to go pound sand.

Steve Rakow 07-28-2012 07:52 PM

Re: Stop Anthos from Taking over CrossFit
 
I agree 100% with Steve's comments above. Coach really needs to step in and rally everyone around his position with logical reasons not to go along with her position as the consequences are too extreme for the affiliate community to go along with.

We'd be better off if Reebok bought her out and became an equity partner. At least they're on the same page and appear to understand fully how we operate.

The board could also create a poison pill - if a takeover occurs, the name CrossFit will then be of free use by anyone and not subject to licensing or affiliation, dissolve all affiliations, and see what happens then when there are no affiliates to try to franchise. Or Coach could dissolve CrossFit Inc., payout the equity, and start over under a new name. Most, if not all, of us would follow. Painful route to go, but probably a safer one.

What does Reebok have to say about all this? I'm sure they're not happy given the millions they've invested in the CrossFit brand.

David Wallach 07-28-2012 08:25 PM

Re: Stop Anthos from Taking over CrossFit
 
Steve,

If they own a controlling/managing stake; they own control of the marks and all the goodies that go with it.

Fact is and I think we're on the same page here, I would de-affiliate in a New York second if what little has been told here ends up being substantive. I'm concerned by the notion that, regardless of how well intentioned the messenger, why is this being distributed this way? Why no mass emailing in Greg's own words to the Affiliate community?

Most of what we know is too vague to take action on and yet action is what is being requested. Looking forward to straight talk and what's really at stake here before the torches and pitchforks come out.

Show us what's really afoot and you've got an army that's armed with precisely what's needed most: information.

Quote:

Originally Posted by Steve Rakow (Post 1081746)
I agree 100% with Steve's comments above. Coach really needs to step in and rally everyone around his position with logical reasons not to go along with her position as the consequences are too extreme for the affiliate community to go along with.

We'd be better off if Reebok bought her out and became an equity partner. At least they're on the same page and appear to understand fully how we operate.

The board could also create a poison pill - if a takeover occurs, the name CrossFit will then be of free use by anyone and not subject to licensing or affiliation, dissolve all affiliations, and see what happens then when there are no affiliates to try to franchise. Or Coach could dissolve CrossFit Inc., payout the equity, and start over under a new name. Most, if not all, of us would follow. Painful route to go, but probably a safer one.

What does Reebok have to say about all this? I'm sure they're not happy given the millions they've invested in the CrossFit brand.


Jason B Cox 07-28-2012 08:30 PM

Re: Stop Anthos from Taking over CrossFit
 
I also agree that this is not the way to communicate this to us, the affiliate owners.

A legitimate threat deserves more than a message board post.

Forgive my ignorance, but how does buying a non-managing partner's share put them in the position to control how the business is run? Is it not still a non-managing share of the company?

And yes, like the other affiliates have mentioned, we'd leave if the model changes. Let's all assume someone from Anthos will read this, so we can speak directly to them.

Anthos: we, the affiliates, will generally all leave if you change how we operate. Period. You'll get nothing for your $20 million.

Justin Thibault 07-28-2012 08:41 PM

Re: Stop Anthos from Taking over CrossFit
 
Coach G, you have all 3000 of our email addresses. Two years ago I started my affiliate for the same reason as most if not all the others--to own a business using CrossFit to improve lives in a way that I saw fit, and an outside party can f**k with that over my dead body--and when we have a clear call to action, our rallying cry will be unanimous.
This too shall pass...but we need a good signal. I shouldn't be hearing about this via Facebook.

Joey Powell 07-28-2012 08:57 PM

Re: Stop Anthos from Taking over CrossFit
 
What a coincidence....
Almost a year ago a "a non-managing equity partner of CrossFit Inc." tried to walk off with my affiliate and 3 plus years of hard work. Looks like we were just a dry run.

Brendan McNamar 07-28-2012 09:03 PM

Re: Stop Anthos from Taking over CrossFit
 
If she wants to sell let us buy her out?

$20,000,000 when we all threaten to walk is a bit of a high valuation but I'm sure we can come to terms. 4,000 affiliates into $20,000,000 would be $5,000 an affiliate. Now let's say $10,000,000 is a fairer value for her stake that would bring it down to $2,500. What % does she own?

The real question is will Coach handle this in a mature manner. Get her bought out quickly at a reasonable price and let us go on about our business. Coach has a reputation for alienating people and burning bridges. This would be a bad time to do this.

Personally I would be very happy to buy a piece of HQ. I would be even happier if I was a voting share holder in HQ. I suspect a lot of affiliate owners would like a chance to own a piece of HQ particularly a voting piece. Then everyone interest are aligned.

Simply structure the deal so that if anyone wants to sell there share HQ and current share holder get what is call a right of first refusal. We get the first chance to buy any shares offered for sale. That way no one can accumulate enough shares to create this problem in the future.

When you have multiple owners in a company like this you need to create liquidity so they can cash out and do what ever they want with the proceeds. Otherwise you will get private deals like the one people are currently concerned about.

Steve Wingate 07-28-2012 09:05 PM

Re: Stop Anthos from Taking over CrossFit
 
Seems to me this was an eventual inevitability the moment Greg or whoever first brought in a non-managing partner. You agree to give up something to somebody once you accept their money.

It's not much different from a dotcom going public and no longer following the vision the original creator envisioned.

Brendan McNamar 07-28-2012 09:16 PM

Re: Stop Anthos from Taking over CrossFit
 
I'm sure Reebok could come up with cash/loan to help Coach buy her out if he wants to go that way.

There are a lot of intelligent ways to handle this besides mass un-affiliation which hurts us all.

Of course all of the good answers involve paying her a fair price for her holdings.

Which I might remind everyone US courts have up held and protected the spouses rights for their contributions during the marriage in these situations over and over. She has a right to sell.

Steve Wingate 07-28-2012 09:24 PM

Re: Stop Anthos from Taking over CrossFit
 
Is this the result of a husband/wife thing? I hope I didn't speak out of turn.

Ben Norris 07-28-2012 09:45 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Russell Berger (Post 1081740)
Ben,
Good questions. Greg Glassman is the CEO and president of CrossFit. His non-managing equity partner has left the gate open, and now we have a wolf to deal with in the form of Anthos. Anthos is not offering to buy Greg's ownership but his partner's ownership of the company. This would result in Anthos as a partner in CrossFit Inc.

What percentage of Crossfit does this unnamed person own? If Greg Glassman holds the largest percentage of ownership then Anthos can buy out the unnamed person yet still not change a god dam thing.

I agree with all others in this thread. Greg Glassman needs to contact EVERY single affiliate and let them know the situation IN DETAIL. This way we can mobilise not just as 3000 odd thousand affliliates but the millions of members of afformentioned affiliates who would ensure that Anthos is wasting time and money.

Joey Powell 07-28-2012 10:01 PM

Re: Stop Anthos from Taking over CrossFit
 
posted in Affiliate forum.

Katherine Derbyshire 07-28-2012 10:10 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Steve Wingate (Post 1081759)
Seems to me this was an eventual inevitability the moment Greg or whoever first brought in a non-managing partner. You agree to give up something to somebody once you accept their money.

It's not much different from a dotcom going public and no longer following the vision the original creator envisioned.

Looks that way to me, too. If you want to maintain control of the company, you have to maintain ownership as well. People who have equity have a right to do what they want with it, including selling it to the highest bidder.

The solution is not to threaten to devalue the asset, it's to find a partner with equally deep pockets whose vision matches yours.

Katherine

Katherine Derbyshire 07-28-2012 10:15 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Russell Greene (Post 1081697)
I have some important news for you. Anthos Capital wants to take control of the CrossFit affiliate system. Anthos is offering $20 million to a non-managing equity partner of CrossFit Inc. in order to establish a managing stake in the company. This is important because Anthos does not view CrossFit affiliates the way we all do. Anthos doesn't care about professional trainers improving people's lives; they see CrossFit affiliates as a mechanism to sell more supplements and equipment.

If they succeed, Anthos's first step will be to force all CrossFit affiliates to morph from professional training facilities into supplement and equipment peddlers. In that case, affiliates will lose the right to choose between an array of competing brands such as Rogue, Again Faster, SFH, and Pure Pharma. Affiliates will be forced to sell the Anthos company's endorsed line of products.

And the evidence for this claim is? They're an investment firm: why wouldn't they be willing to stand back and let a model that's working continue to work?

Katherine

Russell Greene 07-28-2012 10:26 PM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Katherine Derbyshire (Post 1081776)
And the evidence for this claim is? They're an investment firm: why wouldn't they be willing to stand back and let a model that's working continue to work?

Katherine

Katherine,

Anthos told CrossFit HQ exactly what their plans were and made multiple attempts to get Greg to sign off on them. Greg and the rest of CrossFit HQ politely declined, then Anthos went and made an offer to the aforementioned non-managing equity partner.

Ron Wilhelm 07-28-2012 10:29 PM

Re: Stop Anthos from Taking over CrossFit
 
And you were at those meetings Russell?

Gus Baldwin 07-28-2012 11:53 PM

Re: Stop Anthos from Taking over CrossFit
 
A "Brand" is only as good as its clients / customers loyalty.

Coach needs to tell us whats going on and we will send a clear message, if need be.

Simple as that.

It's up to Greg.

Gus

Russell Greene 07-29-2012 12:14 AM

Re: Stop Anthos from Taking over CrossFit
 
Gus,
Greg Glassman will speak on this matter soon.

In the meantime, Russell Berger and I are speaking for CrossFit HQ. Please address any questions you have to us.

Dale F. Saran 07-29-2012 12:34 AM

Re: Stop Anthos from Taking over CrossFit
 
Ron - one of Anthos' managing partners, Bryan Kelly, spoke in a room full of people at last year's Regionals when he first aproached CF's leadership about acquiring an ownership stake. He asked me in front of at least 10 people for a copy of the Reebok in order to find "outs" in it, as well as to see "how much money [we] were leaving on the table." He made no secret of it and those conversations were not privileged. He also described in over 2 hours of detail how Anthos could 'help us' maximize revenue from the Affiliates. He was politely rejected. So, do you have any substantive objection to what's been said or are you just picking at nits?

Ron Wilhelm 07-29-2012 12:36 AM

Re: Stop Anthos from Taking over CrossFit
 
So you and Russell were both at the meetings?

Anthony Campo 07-29-2012 12:37 AM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Brendan McNamar (Post 1081757)
If she wants to sell let us buy her out?

$20,000,000 when we all threaten to walk is a bit of a high valuation but I'm sure we can come to terms. 4,000 affiliates into $20,000,000 would be $5,000 an affiliate. Now let's say $10,000,000 is a fairer value for her stake that would bring it down to $2,500. What % does she own?

The real question is will Coach handle this in a mature manner. Get her bought out quickly at a reasonable price and let us go on about our business. Coach has a reputation for alienating people and burning bridges. This would be a bad time to do this.

Personally I would be very happy to buy a piece of HQ. I would be even happier if I was a voting share holder in HQ. I suspect a lot of affiliate owners would like a chance to own a piece of HQ particularly a voting piece. Then everyone interest are aligned.

Simply structure the deal so that if anyone wants to sell there share HQ and current share holder get what is call a right of first refusal. We get the first chance to buy any shares offered for sale. That way no one can accumulate enough shares to create this problem in the future.

When you have multiple owners in a company like this you need to create liquidity so they can cash out and do what ever they want with the proceeds. Otherwise you will get private deals like the one people are currently concerned about.

I see this as our best option. I believe we as CrossFitters and Affiliates have helped build CrossFit. Don't get me wrong CrossFit has done amazing things to better this movement. Coach Glassman and HQ have had a major part in helping all of us create a better life for our clients, other CrossFitters, and ourselves. I am eternally grateful.

When Coach and HQ decided to align with Reebok myself and other affiliates I had spoke with had reservations but it has worked out thus far. We are very fortunate Reebok gets us and how much we value our autonomy.

If the current information is true this looks not to be good.

I have sacrificed, suffered, and overcome a mountain of adversity to have a career I truly love. I believe I am living my essence and what I was meant to do by being a coach, CrossFitter, and Affiliate owner. I wish for this not to change. If it were change I believe I could recover but it wouldn't be the same.

I am fortunate to have experienced the early days of CrossFit. When the journal had articles on how to build your equipment with a quick trip to The Home Depot. When Affiliates in the same city would get together for a WOD and have a beer after. I believe its still in all of us.


I believe we should as affiliates work to better one another. I have for a while believed we should have an official alliance. Its main purpose would to be to better one another. We would support each together through continuing education in business, legal support, mentor new affiliates, and more. One other function would be to give a voice to each affiliate and to have a united voice of the affiliates. I have not stated this publicly because I didn't want to be looked at as a trouble maker. I don't say this time to start trouble but to bring to light the options we have. Case in point if we were to be already officially aligned we might have the organizational and financial resources to have a say in this manner.
Please understand, I don't mean for this option as one to regulate anyone else's affiliate. I truly believe in the structure of our current affiliate system. i believe in influencing through results not through regulation.

I willing to give my $5,000

Anthony Campo 07-29-2012 12:39 AM

Re: Stop Anthos from Taking over CrossFit
 
Thank you for keeping us in the loop.

James Hanley 07-29-2012 01:59 AM

Re: Stop Anthos from Taking over CrossFit
 
re: affiliates clubbing together to buy the stake... It is a VERY sensible option which would likely be repaid quite quickly.

I've no idea how profitable CF is as a brand, but presumably partial ownership conveys rights to profits. It would also be a nice way to award the "original" community that were around before it really took off - let the first 1,500 or whatever affiliates into the buy out, they get a portion of the overall profits and suddenly CF affiliates are getting what they're missing out most on - passive income.

Ron Wilhelm 07-29-2012 02:02 AM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Dale F. Saran (Post 1081791)
Ron - one of Anthos' managing partners, Bryan Kelly, spoke in a room full of people at last year's Regionals when he first aproached CF's leadership about acquiring an ownership stake. He asked me in front of at least 10 people for a copy of the Reebok in order to find "outs" in it, as well as to see "how much money [we] were leaving on the table." He made no secret of it and those conversations were not privileged. He also described in over 2 hours of detail how Anthos could 'help us' maximize revenue from the Affiliates. He was politely rejected. So, do you have any substantive objection to what's been said or are you just picking at nits?

Just to be clear Dale, as chief legal council for CF HQ, you are OK with the statement: "In the meantime, Russell Berger and I are speaking for CrossFit HQ. Please address any questions you have to us."?

Well I guess since they keep cowardly keep referring to Lauren as "non-managing equity partner" they seek to avoid libel/slander laws, you're OK with it. As for this unnamed "Regionals" from last year, how many people from HQ actually read the Reebok contract, and how many of them weren't named/employed/related to Steve Weiss??!?!? 4 Words: "Reebok CrossFit National Championships". Tell me HQ was OK with the Euro national championships that were shown exclusively on EuroSport by a variety of commentators that couldn't even pronounce "WOD" correctly.

Ben Norris 07-29-2012 03:15 AM

Re: Stop Anthos from Taking over CrossFit
 
Let me enquire again.

What percentage of Crossfit does this "partner" own of Crossfit? Is it 50%?

Graeme Beath 07-29-2012 03:28 AM

Re: Stop Anthos from Taking over CrossFit
 
Ron

I have no idea why the line of questioning of HQ people relating their actual experiences. Do you have investments in Anthos?

James Hanley 07-29-2012 05:10 AM

Re: Stop Anthos from Taking over CrossFit
 
Quote:

Originally Posted by Graeme Beath (Post 1081811)
Ron

I have no idea why the line of questioning of HQ people relating their actual experiences. Do you have investments in Anthos?

I would guess he's looking for actual verbatim quotes rather than the "he said, she said" sort of thing that usually happens when people are naturally biased and try to skew facts when representing them to others!


All times are GMT -7. The time now is 12:00 PM.

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
CrossFit is a registered trademark of CrossFit Inc.