Originally Posted by Psimet2001

The company was bought by Divine Cycling Group. This is the same group that bought up Blue and Serotta. DCG went kaput. Leaving all of their companies in a horrible situation. This is right around when Blue went bankrupt in it's second iteration and they fired Ben Serotta from Serotta.

Mad Fiber declared bankruptcy and all of it was sold in a 2 piece auction. 1 contained all of their intellectual property, patents, and some inventory of component parts. The other was all of the tooling and fixtures/molds, tables, workstations, etc. It was one of those auctions where you had to submit your 1 bid up front and you had to wire the money to a bank account in escrow before you could even be considered for your bid. Then on the physical assets you had to have them removed from the site within 72 hrs of winning or some such.

I thought long and hard about bidding but I didn't really have a good idea of what the ballpark on either lot would be. Turns out I could have had the whole company for ~$15k.

But at least Bill Stapleton bought it up. He's always good for the sport and business....right? I mean all of his riders are totally clean and he runs a tight ship and all....right?

Former Highroad team owner Stapleton buys Mad Fiber wheel assets | Bicycle Retailer and Industry News