This Billionaire Owns 3 Knife Companies.

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  • Опубликовано: 29 дек 2024

Комментарии • 201

  • @Logan2070
    @Logan2070 9 дней назад +45

    It's said that if you keep digging, everything in the world is owned by just a handful of companies.

    • @DamionJR4923
      @DamionJR4923 9 дней назад +7

      BlackRock is one of them

    • @peen2804
      @peen2804 9 дней назад

      Absolute toddler grade npc comment

    • @nachoisme
      @nachoisme 9 дней назад +3

      How few companies there actually are in our grocery stores despite the number of options is shocking.

    • @nathanielmatthew9555
      @nathanielmatthew9555 9 дней назад +1

      ​@@DamionJR4923 untrue. BlackRock mostly invests in blue chips.

    • @chaddamron3877
      @chaddamron3877 9 дней назад

      💯

  • @christianlishen1280
    @christianlishen1280 9 дней назад +5

    Ben it was great to meet you at Georgia bushcraft! As a long time watcher of your content (starting prior to knife banter at Blade HQ) it was an awesome experience getting to talk to you.
    Thank you so much for buying a knife from me, having it on the show and most importantly Thank you also for your critiques.
    The “L” and the “I” in my logo can definitely can be seen as an “A” I’ll look at trying to come up with a different logo to make it more clear.
    As for the sheath, I’ve already talked to my leather guy about redesigning it to be more inline. Originally he came up with that design to keep the sheath thin so as to allow your hand to past it and still access your pocket.

    • @christianlishen1280
      @christianlishen1280 9 дней назад

      Also may I say that my work is among the rare few that was cool/unique/wonky or that called to you enough to be one of 3 customs! The fact that you like my work (even if not aesthetically haha) means a lot to me.
      Thank you again!

    • @dickdenisse9960
      @dickdenisse9960 9 дней назад

      Your knife is just weird enough, I like weird. ( I hope that's not offensive, english is not my first language). With a smaller sheath I would love it as an EDC.

  • @Mowntandewey
    @Mowntandewey 9 дней назад +38

    Private Equity is the bane of creativity

    • @nachoisme
      @nachoisme 9 дней назад +2

      It only exists for profit…not longevity, quality product or anything else. Just money.

    • @Anson120
      @Anson120 9 дней назад +1

      Yep! perfect comment it is true.

  • @BearandOtterOutdoors
    @BearandOtterOutdoors 9 дней назад +4

    It was great getting to meet you, Ben! Thanks for the shout out!

  • @MatisseStLaurent
    @MatisseStLaurent 9 дней назад +8

    Ultimately, it’s the consumer who suffers with all these acquisitions because of the horrible customer service.

    • @wesb123
      @wesb123 8 дней назад

      Drop in quality and services is exactly what happens and you can make experience this in every product niche. Milwaukee tools and Makita tools are super perfect examples. They went from being the best in the world and I mean the very best to just being slightly better than Harbor Freight.

  • @MattGuardiola
    @MattGuardiola 9 дней назад +8

    I love seeing the new knafs at night thumbnail every Fridays!
    WHAT!? Blade hq owns flytanium?! Definitely did not know that. Interesting for them to continuously highlight products from a brand they own without disclosing that they own them.

  • @brandongoede5907
    @brandongoede5907 9 дней назад +3

    “Big fish says make more money” is the perfect encapsulation

  • @davidcooper8390
    @davidcooper8390 6 дней назад

    The field trips and the sharpening shop are my favorite parts of each week.

    • @benbanters
      @benbanters 2 дня назад

      That makes me happy to hear. We're still trying to figure out how to make field trips sustainable-- they're hard to make. But I'm really glad you enjoy them.

  • @MarcHPhelps
    @MarcHPhelps 9 дней назад +2

    I came, first episode, for the David C. Anderson interview but videos like this one are the reason I stayed!
    Another fun and “wonky” episode, keep up the amazing work!!

  • @mswindoc
    @mswindoc 9 дней назад +12

    Private Equity Corporations buy a company that has "profit potential", meaning it is already profitable, but hasn't "maximized" its process to the point of "enshitification". Once the PEC assumes control, they speed up the "enshitification" process, by minimizing costs...material, labor, equipment, etc...until the product(s) produced are no longer desired by their original market. PEC's continue this "squeezing" until just before they think the output has maximized throng purchasing. At or just after this point, they begin to sell off their stock and / or the company's resources, to finalize the most profit they can bring in before they inevitably shutter the business.

  • @OUTDOORS55
    @OUTDOORS55 9 дней назад +6

    You might be surprised. I had the ceo of a VERY large company reach out for knife sharpening advice several years ago. Mr Gores is probably in the middle of the Amazon jungle as we speak chopping some trees with a cold steel machete.

    • @GBall_Vision
      @GBall_Vision 9 дней назад

      That's probably pretty rare

    • @nathanielmatthew9555
      @nathanielmatthew9555 9 дней назад

      @@GBall_Vision CEOs love cosplaying as working class. Look up Zuckerberg's ranch.

    • @benbanters
      @benbanters 9 дней назад +1

      Tell us the company or it never happened. 😏 That’s actually really cool.

    • @mikehedrick4349
      @mikehedrick4349 8 дней назад

      Hey, so about those two piles of cardboard in your video... ✌🏻💩

  • @kylemiller1390
    @kylemiller1390 9 дней назад +3

    I would say one of the reasons people love venture capital and private equity is the success Warren Buffett has had with Berkshire Hathaway and the modern obsession with economic goodwill. The problem is most of these small companies have little to no economic goodwill and so when the large companies find that out they decide to try to sell bad products in more locations as a way to compensate.

  • @thecrossyououtpodcast
    @thecrossyououtpodcast 9 дней назад +3

    28:03 I need a knife boys T-shirt like right now!!! And I am loving my new Lander 3 CLIP POINT!! Wife got it for me , for Christmas and the burrito for all my knifes.. So I a happy knife boy

  • @kevinsanders
    @kevinsanders 9 дней назад +1

    Whoa! Lifelong Pistons fan and decade long Ben fan….didn’t expect this intersection today!

    • @benbanters
      @benbanters 8 дней назад

      The mashup you never knew you didn’t need. 😝

  • @lerch400block
    @lerch400block 8 дней назад

    Casually shows a page with Pat Tillman and Rodney Dangerfield. Absolute Legends 😢❤

  • @crossandcopperedc
    @crossandcopperedc 9 дней назад +2

    So awesome to get to meet you at Georgia Bushcraft Ben and make it into the video.

  • @NMiller_
    @NMiller_ 9 дней назад +9

    Consolidation that looses jobs for hard working people so a billionaire can become more so doesn't sound like a good thing.

  • @Rugaard_DK
    @Rugaard_DK 9 дней назад +1

    funny as always, keep it up, and a merry xmas and a happy new year to all

  • @AndyDickason
    @AndyDickason 9 дней назад +2

    Man those are awesome photos from Georgia Bushcraft!

  • @AdventureCarry
    @AdventureCarry 8 дней назад

    Keep up the great work guys! And long live Vegimite Shapes 💪💪

  • @elde667
    @elde667 9 дней назад

    This was AWESOME…..thanks & Merry Christmas guys.

  • @ZiggityPow
    @ZiggityPow 9 дней назад +1

    Thank you for the Ninos Knife Kit. I've been 3d printing them by the dozens along with using your poster graphics to teach hundreds of Cub Scouts. We need a Baby Banter size knife with a finger safe crossbar lock to recommend.

  • @DuxLindy
    @DuxLindy 9 дней назад +6

    generally a bad thing for manufacturing, especially if that manufacturing is overseas. al mar, cold steel, schrade. I can't think of a company in this circle that's improved since acquisition.

  • @chrisreuther4546
    @chrisreuther4546 9 дней назад +3

    This is incredibly interesting... but I think this whole thing you covered is why people get all twitch about companies and where they spend money. As the companies get bigger they tend to focus more on money exclusively other than other ethics and the people. Deep down I think this bothers people... and people get on the soap box about greed and jobs and such... but it's so interesting to know this.

  • @travisaurus_rex
    @travisaurus_rex 8 дней назад

    That's how I wish most small fixed blades were designed. A lot of them now seem to have long blades and short handles

  • @leveler267
    @leveler267 9 дней назад

    Yes, my comment made a Knafs @ Nite video! 😂 PureVolume was where all the metal and hardcore bands posted their new singles pre-2010 before streaming services like Apple Music, Spotify, and RUclips came about.

  • @Limicola1
    @Limicola1 8 дней назад +1

    Love that little custom knife!

  • @harperexplores9349
    @harperexplores9349 8 дней назад +1

    GSM sees potential. Brands are just names with customers and the potential for goods is more important than the knife community.

  • @Ajaxykins
    @Ajaxykins 8 дней назад

    Thanks for the industry news! Now I know to watch if they start going downhill much more. I didn't mind what GSM was doing with cold steel save for some questionable steel choices at the start of their ownership
    Also I appreciate that you're an aesthetics guy, because I am too and maybe that's the reason I've been a big fan of everything you guys have put out so far!

  • @MountainMenAxes
    @MountainMenAxes 7 дней назад

    Market returns to these companies are everything!

  • @270ultimate
    @270ultimate 9 дней назад +1

    I've got a buddy who's made a living by picking up trash in a small town. His goal is to get enough customers that larger, regional companies will buy him out. Then he waits out his 2 year non-compete clause, and does it all over again.

  • @David-ek4fh
    @David-ek4fh 8 дней назад

    I designed the most popular tool in the 21st century. Acorn in German won the contract and a sub of s&w bought it instantly killing the contract. Even Swiss has pachmyer in the handle. 3 features were me, 3 were modified for our purpose, 8 features from existing tech and 1 was rejected. Rejected because I didn’t explain why but it’s good that it was due to obscurity of utility.

  • @Bisqcateer
    @Bisqcateer 9 дней назад +1

    Man PureVolume nostalgia! It's not the name of Taylor's band, but it was a popular music streaming site for rock-related music. It was Myspace Music before Myspace Music lol.

  • @Mikey_Trailz
    @Mikey_Trailz 9 дней назад +3

    Moon Crew Represent! Fav show of the week! Let's Goooooooooooooo! Happy Holidays to the KNAFS Crew!

  • @jumpingforjordan1
    @jumpingforjordan1 5 дней назад

    I've been waiting 20 years for an apology for that font. Thanks.

    • @benbanters
      @benbanters 2 дня назад

      You're welcome, Jordan. I see the error in my ways now. (Although, that grungy, cool-kid font was all the rage in 2005. Can't deny it.) See you at the reunion next year?

  • @ALtheSciencePal
    @ALtheSciencePal 9 дней назад +1

    Awesome to have a win in my hometown of Venice Florida!! Sup Chris!

  • @Mowntandewey
    @Mowntandewey 9 дней назад +3

    I hate that the same thing happens to breweries and distilleries.

  • @madtownangler
    @madtownangler 9 дней назад +1

    Same thing happened to bike companies. A lot of them got bought out by Trek also and don't exist anymore

  • @Deraldgjr
    @Deraldgjr 8 дней назад +1

    VF Corporate is Vanity Fair. Yes, that Vanity Fair 🤣 they own Vans as well.

  • @Barry-Sweaty
    @Barry-Sweaty 9 дней назад +1

    I don’t know why I’m messing with these small fish. Bring on some super tanned super slashy mores Gores.

  • @everydaycelt
    @everydaycelt 9 дней назад +1

    As Qui-Gon said, “There’s always a bigger fish.”

  • @realbroggo
    @realbroggo 5 дней назад

    Most consumers would be shocked at how often their favourite brands/labels are bought and sold. Worse still, true ownership is often hidden behind multiple corporate layers. This means that often you have no idea where your money ends up. Unfortunately brands aren't always (ie. rarely) bought/sold with consumers in mind. Most conglomerates buy a brand to either: a) build it up to sell for profit or b) run it into the ground for tax purposes or to deliberately remove it from the market. Just how it is. Sharp blades all.

  • @adhdhobbyguy6063
    @adhdhobbyguy6063 9 дней назад +6

    private equity is god awful terrible and horrible for just about EVERY business. If you want your quality to go to dogshit and profit be the only important thing, go private equity.

    • @adhdhobbyguy6063
      @adhdhobbyguy6063 9 дней назад +2

      youtube is editing comments like crazy

    • @elde667
      @elde667 9 дней назад

      @@adhdhobbyguy6063 No surprise.

  • @bobnery
    @bobnery 9 дней назад +1

    Need more of the knives are tools mantra in the community!!

  • @annasoH323
    @annasoH323 9 дней назад +1

    The giant fish really helped here. God help us as we try to navigate this odd world.

  • @RaulRobles-kx6ok
    @RaulRobles-kx6ok 9 дней назад

    Great job. Very informative

  • @ProjeKt_Mayhem
    @ProjeKt_Mayhem 9 дней назад

    This particular PE firm owns a portfolio of outdoor brands. Makes sense to own a few knife and firearm accessory houses. And of course, they are diversified.

  • @cheeseblast
    @cheeseblast 7 дней назад

    Indiana checking in, Josten's did my class ring and gown as well

  • @lancewatson2839
    @lancewatson2839 9 дней назад

    Loving my new moondust Lander 3!

  • @thedangerisreal
    @thedangerisreal 7 дней назад +2

    Buy local, shop local.

  • @LylePbike
    @LylePbike 9 дней назад

    Equity firms buy companies in different areas to diversify. So when one part of the economy is struggling, they have other unrelated companies prospering. It's to protect from the risk.

  • @keepout7811
    @keepout7811 8 дней назад

    Ben looks like David Wallace from “The Office”

  • @monkpato
    @monkpato 8 дней назад

    What's that little Cold Steel knife?

  • @GBall_Vision
    @GBall_Vision 9 дней назад

    I love the taste of old shoes 😋

  • @davidgarrett5671
    @davidgarrett5671 9 дней назад

    Ben, do a deep dive into eyeglass lenses/frames. One company owns almost all of them.

    • @wesb123
      @wesb123 8 дней назад

      Right, and if you live in the right town, you can go to the warehouse swapmeets buy them direct at manufacturing cost. 😂😂😂😂😂

    • @benbanters
      @benbanters 8 дней назад +1

      That’s crazy. I need more cheap frame options. 😆

    • @davidgarrett5671
      @davidgarrett5671 8 дней назад

      @ I agree. It is like if the big shark swallowed CRK, Hinderer, Olamic, Benchmade, Spyderco, WE, Civivi, Sencut, Kizer, Demko, and all the MKM makers.

  • @jon-erikbutcher3609
    @jon-erikbutcher3609 9 дней назад +1

    I see there was a script or subtitle or something at the tip top of the screen when the dude is talking about Bastard Files. I’m on my phone and can’t see it, can anyone else see it?

  • @Nkdc333
    @Nkdc333 9 дней назад +1

    Folks should start looking up transitioning companies to employee owned as a retirement strategy. A local hardware chain is in the process of that and it seems to be a great way to leave a legacy.

  • @unfi6798
    @unfi6798 8 дней назад

    G'day guys.! Tom Gores may own a lot of little companies but he does nor own Knafs. In time Knafs will be like Buck or Case, full of history & tradition, eventually the brand Knafs will sell itself. If Apple can do it so can Knafs. Merry Christmas & safe New Year from Christmas Island & Australia.

  • @ScottWalton
    @ScottWalton 9 дней назад +3

    Someone needs to tell him to acquire/ fund Crucible. Seems he could afford it and would ensure his knife companies continued raw material.

    • @LuisGonzalez-gl4wc
      @LuisGonzalez-gl4wc 7 дней назад

      Plus he would have a stranglehold on the entire knife industry with that acquisition.

  • @fwrose6272
    @fwrose6272 9 дней назад +2

    Hope KNAFS don't get swallowed up by the BIG FISH

    • @wesb123
      @wesb123 8 дней назад

      You think the Chinese factory making them will care?

  • @twatmunro
    @twatmunro 9 дней назад +1

    All of those companies have gone to crap since they were snapped up. No way in hell am I buying from any of those junk firms.

    • @davidgarrett5671
      @davidgarrett5671 9 дней назад

      So you have purchased Cold Steel knives since they were purchased? Why would the knives be any different, Lynn didn’t assemble them nor did anyone in the California offices. So what has changed?

  • @paullambert4445
    @paullambert4445 6 дней назад

    The billionaires now own all of America. It doesn’t look like we are ever going back. They have more money than countries do. Thanks. I love your show! 🎸🔪

  • @davidgarrett5671
    @davidgarrett5671 9 дней назад

    Austin: “investing in growth” is economic speak for what you are doing at Knafs, spending money to create/sell more products and expand the company.

  • @mikehedrick4349
    @mikehedrick4349 8 дней назад

    So which conglomerate sent you an offer ben?...
    🤑✌🏻

  • @none4now-k9c
    @none4now-k9c 9 дней назад +1

    It all just kind of sucks. Big billionaires controlling everything. Oh on the worksharp giveaway....yall put " worksharp giveaway winner" on the email. I was like ,what! No way! All excited I clicked on it. Not the winner. Dang. Well thank you for the 10% off code. Wish I could afford one of your knives right now but it's got to wait till we recover from the holidays. Anyway love your content and products. Please don't let the big shark eat you guys!

  • @MouseCIick
    @MouseCIick 8 дней назад

    The future is becoming more like cyber punk. Wub wub.

  • @grahamblackall
    @grahamblackall 4 дня назад

    He owns 3 knife companies, but i bet that he doesn’t own 3 pocket knives!

  • @LuisGonzalez-gl4wc
    @LuisGonzalez-gl4wc 7 дней назад

    Private Equity should buy Crucible.

  • @vashock
    @vashock 9 дней назад

    Hey look….! A knafs slip joint? Nope…..still waiting in WI.

  • @blantons1404
    @blantons1404 9 дней назад +2

    All owned by Blackrock or Vanguard

  • @nathancwest
    @nathancwest 9 дней назад

    AHHHHH!!! THE DREADED GAS STATION KNIFE!!!

  • @cintage
    @cintage 8 дней назад

    It’s sales. Doesn’t matter what you sell, as long as you can sell it. That’s the direct path to extreme capitalism. Problem is that many workers turn into „collateral damage“ on the way. High finance doesn’t care about people. One of the reasons why I like companies like KNAFS. 😊

    • @benbanters
      @benbanters 8 дней назад +1

      Love you brother! ❤ Let’s sing a duet together soon.

    • @cintage
      @cintage 8 дней назад

      @benbanters Again? 😂😂

  • @williamdavies1192
    @williamdavies1192 9 дней назад +2

    This is all a by product of the Cantillion effect and ties back to the FED and creation of $. Those closest to the money printer have access to the cheapest capital and buy up those that don't.

  • @wesb123
    @wesb123 8 дней назад

    Are they really trying to convince us that this is not the dude from Fleetwood Mac?

  • @erinsquirkychannel501
    @erinsquirkychannel501 9 дней назад

    Coldsteel should of sold to Kizer and SOG to Kershaw been better that way they would do more with them and grow them the right way

  • @karlmadsen3179
    @karlmadsen3179 8 дней назад

    Didn't you two guys used to be over at Blade HQ?

    • @benbanters
      @benbanters 8 дней назад

      Yes indeed. Feels like a lifetime ago.

  • @Oneoneone111One
    @Oneoneone111One 9 дней назад

    Good video!

  • @JoshuaMurphyFMEN
    @JoshuaMurphyFMEN 9 дней назад +1

    It may be how the western world works. Unfortunately in the Neoliberal age, the pursuit of profit and unrestrained growth by a few multinational corporations comes at a great price to everyday Americans. Ben mentioned the pandemic; interestingly, we saw the largest transfer of wealth from the working class to the 1% in history with the COVID relief package and the curtailing of democratic power. This massive concentration of wealth in the hands of a few billionaires is wholly unAmerican in my opinion. There is no profit without exploitation.

  • @harperexplores9349
    @harperexplores9349 8 дней назад +1

    Starbucks became Starbucks because of private money

  • @handyandqu
    @handyandqu 9 дней назад

    Vista outdoors won't exist in a couple months or less one regulatory process works it's self through they sold of all their divisions, they have sold all their brands. There will be a new company after their recent sell offs happen, which sound like it's going to again acquire new companies. All shares to be paid out to holders, this has been happening before may.

    • @benbanters
      @benbanters 8 дней назад

      Super interesting. Thanks for sharing.

  • @trainwon5699
    @trainwon5699 8 дней назад

    Hey don’t blame the big corporations they didn’t force these small knife companies to sell!

  • @escargotiskuhol
    @escargotiskuhol 9 дней назад

    Is it good or bad? Definitely bad for knife enthusiasts as we prefer the old knives from Cold Steel, Camillus, etc.
    Excellent episode! I just subscribed after realizing these two guys are my favorites over at Blade HQ

    • @davidgarrett5671
      @davidgarrett5671 9 дней назад

      Cold Steel knives are still made at the same Taiwanese manufacturer as they were before at the same specifications.

    • @escargotiskuhol
      @escargotiskuhol 9 дней назад +1

      @davidgarrett5671 but with inferior steel

    • @davidgarrett5671
      @davidgarrett5671 9 дней назад +1

      @ It is the same steel that Cold Steel has used for years with the same company doing the same cutting, grinding, heat treatment, etc. In some cases/models it is with higher end steels. It definitely isn’t lower.

  • @PirminZemp2731
    @PirminZemp2731 9 дней назад

    I Love Cold Steel Knives Pirmin From 🇨🇭

  • @dumbdizzalw3640
    @dumbdizzalw3640 9 дней назад

    I thought that yearbook looked familiar. I went to school with you but a grade younger

    • @benbanters
      @benbanters 9 дней назад

      I’m sorry about the cover font. Truly. 😝 Go Trojans! Swing into the store in Clearfield one day and say hello.

    • @dumbdizzalw3640
      @dumbdizzalw3640 9 дней назад

      @benbanters I've been there a couple times and at the sidewalk sale

    • @benbanters
      @benbanters 8 дней назад

      @@dumbdizzalw3640 crazy. You’ll have to introduce yourself next time you’re around. I’d love to meet (or remeet!) you.

  • @10Lav
    @10Lav 7 дней назад

    Customer service for Cold Steel and SOG is non-existent.

  • @kpfagerberg
    @kpfagerberg 8 дней назад

    Sad because America used to be full of idea men and people that worked to make a well known brand. Now it’s about selling to make some quick cash.

  • @ClubEDCguate
    @ClubEDCguate 9 дней назад

    farewell mustache 🫡

  • @blueswan2175
    @blueswan2175 9 дней назад +1

    I think we are going to very soon see how much these type of guys should be emulated or hated......its bad Ben(for blue collar) ,sorry i've been around +60yrs and on top of the all other challenges as we are facing as a country and globally altruism and compassion aren't on the menu

  • @jeremiahlbfg2417
    @jeremiahlbfg2417 9 дней назад

    That’s gonna be me 😌

  • @lerch400block
    @lerch400block 8 дней назад

    Only a matter of time before they figure out how to charge us to breathe. Im sure chemtrails have nothing to do with the rise in allergy related illness and asthma.

  • @the_knights_edge
    @the_knights_edge 9 дней назад +1

    @knafs Ben you guys are awesome man. Very informative stuff about the crazy corporate world that we live in and presented very well! I would buy another knafs knife just based off of the integrity and the fearlessness that you exemplify in this video. This is the type of stuff that needs to be put out there about the dangers and the greed of conglomerates. I currently own the Lander v.1 21st anniversary of opportunity edition and love it(did a review on it on my channel if you'd like to check it out, I'd love that) and I can definitely say I'm set on adding another Knaf to my collection! Thanks and keep up the great work!

  • @fatmanandschizard
    @fatmanandschizard 9 дней назад +2

    All that money and he can’t make the pistons good

    • @benbanters
      @benbanters 9 дней назад +1

      He needs to have them cut more meat in half during training. 🤣

  • @joncox9719
    @joncox9719 9 дней назад

    So, when are You and the Wifey selling out for Millions? 🤭🤣😂

    • @benbanters
      @benbanters 8 дней назад

      I’ve been telling Tom Gores “no” for years now. 🤣

  • @AXEUS111
    @AXEUS111 9 дней назад

    25:38 Whoa! I'm Knafs@nite famous. Woop woop! Keep up the great videos.

  • @Anson120
    @Anson120 9 дней назад

    The companies are nothing to these guys. They are just a number to them. Even that little Lynn T clip was too much for me. Animal warning please. LOL. Lynn is always hungry.

  • @paulwebster8882
    @paulwebster8882 9 дней назад

    Ben, you can forgive yourself for past failures. It's high school for hecks sake. Leave it in the past.

  • @willblake72
    @willblake72 9 дней назад +41

    Guys, billionaires aren't cool dudes. We don't have to pretend to wonder whether these things are good or bad.

    • @adhdhobbyguy6063
      @adhdhobbyguy6063 9 дней назад +6

      this is the way.

    • @Robs_Nerdy_Knives
      @Robs_Nerdy_Knives 9 дней назад +2

      How do you know this? Are you personal friends with each billionaire and have insight into them?

    • @willblake72
      @willblake72 8 дней назад +4

      @@Robs_Nerdy_Knives aww, honey, you don't have to stand up for the mega rich. They aren't gonna see your comment and proclaim, "Oh that Robs_Nerdy_Knives seems really neat and respectful of our feelings, let him in the club".

    • @CNYKnifeNut
      @CNYKnifeNut 8 дней назад

      ​@@Robs_Nerdy_Knivesthey're not gonna throw you a few crumbs for defending them on YT.
      They're gonna continue turning the US into an oligarchy, and you're gonna keep defending them.

    • @imyourdad9642
      @imyourdad9642 8 дней назад

      ABAB- all billionaire are bastards e

  • @1980JPA
    @1980JPA 9 дней назад +1

    Ben the "i don't know if it's good, i don't know if it's bad" statement disappoints me significantly. You are knowledgeable enough to know exactly what it is. Please don't hedge. It is ALWAYS a bad thing because the sole interest of the equity firm is diametrically opposed to to creating a community and producing quality. The answer to every single decision is "the choice that costs less". They will always go for fast growth over all other concerns because they don't plan to own it long. Short term gains over long term security for the product line and the employees.
    Private equity is ALWAYS BAD for a consumer interested in A QUALITY product continuing to be the same quality as before being owned by private equity.

    • @nathanielmatthew9555
      @nathanielmatthew9555 9 дней назад

      Hahahaha commie

    • @1980JPA
      @1980JPA 9 дней назад

      I typed that comment arrogantly assuming that it was universally true. I now realize that it is only true within my own ethics and values. ill leave it at that.

    • @nathanielmatthew9555
      @nathanielmatthew9555 9 дней назад

      @1980JPA wow. Very mature response

    • @benbanters
      @benbanters 9 дней назад +1

      I’m sorry to disappoint. My brief experience in that world was mixed. It gave me a TON of experience and exposure that has really helped Knafs. It gave people really good jobs (albeit, they’ve now laid off a significant portion of their workforce). I think many things in life are grey when we want them to be lily white or jet black. I’d put VC/PE in the grey category from my perspective.

    • @davidgarrett5671
      @davidgarrett5671 9 дней назад +1

      As a person who for a while was a business major and has stayed active in the business world (none of this was new to me and not even new to people who follow knife influencers) I would agree with Ben. Sometimes companies are on the brink of bankruptcy or do not have the capital to expand their business to a wider market. A good example is Crucible who was going bankrupt in 2009 and were purchased by a small investment firm out of Cleveland. Are you saying that Magnacut and other CPM steels were bad? I’m very curious as to how Crucible got themselves in the shape they find themselves now. They are looking for a venture capital firm to save them but they may be forced to bankruptcy first to void some of the many contracts and agreements they have made, such as not selling Magnacut to the the Asian market.

  • @ep3214
    @ep3214 9 дней назад

    Ben looks like iDubbbz

  • @barkingspider2007
    @barkingspider2007 8 дней назад

    Higher prices and crap product... Welcome to the world of the $200 budget knife in 8crmov.... 😐