Originally Posted by
Jipe
What is very clear is the huge underestimation of everything in this project : bike design complexity, bike testing (riding a bike for a couple of minutes with one guy isn't testing), bike manufacturing, probably price of manufacturing (all the industry comes a much higher price for bike with titanium frame, why should Peter come to a much lower price, does he have unique knowledge, unique sourcing, unique manufacturing capabilities... ?).
All this is most probably due to a huge lack of knowledge.
Dreaming of a bike is different from making a bike !
What I don't understand is how every average idiot who knows two things about bicycles knew you couldn't do a titanium folder for the price of the average aluminum Dahon, but this guy built a whole business plan around it. He seems to have dreamt it up, then decided he'd collect some cash from people and somehow it would all work out cuz magic. Magic isn't a real thing!