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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Karl] [ In reply to ]
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Karl wrote:
Charging infrastructure must be addressed for non Teslas.

Hopefully Tesla will just open up theirs, as they keep saying they'll do.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [trail] [ In reply to ]
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I hope not. They are busy enough with just Teslas. Competition would be good too. Elon doesn’t need a monopoly.

Team Zoot So Cal
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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https://www.sportingnews.com/...obzqhm3jfhydzdrvfoam

Sponsorships aren’t like they used to be ?

Companies want money not a good product or partnership. Money or any money willing .

Technique will always last longer then energy production. Improve biomechanics, improve performance.
http://Www.anthonytoth.ca, triathletetoth@twitter
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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"Who here would choose a VinFast over a Tesla."
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Is that really the right question? I have a Tesla X and am very happy. My wife and I did enjoy looking at the Vinfast in Hawaii and were impressed. Of course we did not drive it. We look forward to them being available where we are so we can try one.


Your title to this thread, in my opinion, really pretty misleading. Coming out of Covid it appears IM is doing a fairly nice job with sponsors. Of course sponsors rotate off and evolve over time, but that is sort of the nature of the game.

David
* Ironman for Life! (Blog) * IM Everyday Hero Video * Daggett Shuler Law *
Disclaimer: I have personal and professional relationships with many athletes, vendors, and organizations in the triathlon world.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [david] [ In reply to ]
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David, go back and tell me the history of Ironman sponsors from title to swim, bike , and run. Then ask ur question
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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That really doesn’t make much sense either. Roka, Ventum, and Hoka have a pretty good stretch going. Their presence at the races is impressive also. Then, they have Wahoo, Hyperice, TBT, and many more some of them have been around a decade or more. I don’t think you understand this business.

David
* Ironman for Life! (Blog) * IM Everyday Hero Video * Daggett Shuler Law *
Disclaimer: I have personal and professional relationships with many athletes, vendors, and organizations in the triathlon world.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [david] [ In reply to ]
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That’s not history. But ok.

Ironman sponsorship deals have been awful and have never benefited the companies. Only IM.

Of the products u names. What do you use and is it a result or IM?

http://www.TriScottsdale.org
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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Sbernardi wrote:
That’s not history. But ok.

Ironman sponsorship deals have been awful and have never benefited the companies. Only IM.

Of the products u names. What do you use and is it a result or IM?

You're incorrect. In every sense the sponsorship deals have actually not benefitted Ironman as the partners seem to self-combust. I'm gonna guess that the SuperSapiens deal was actually multi-year agreement that had FDA approval for US sales written in as a requirement. If anything it is more that the sponsorships haven't really benefited Ironman because the partnerships don't last multiple years. If you think VinFast didn't get more in return than what they paid for you have no idea how sports partnerships work.

It also shows where Ironman is as a sports property that they're stuck with challenger brands and not with endemic brands. But I think WTC makes plenty of cash hand over fist with endemic brands through Rock n Roll Marathon.

Washed up footy player turned Triathlete.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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You continue to either be obstinate or have no clue how sports sponsorships (or marketing in general) works.

To answer you question, I think I have everything but a Ventum covered.

By the way, do you ever do business with Datev? If not, how in the world does Roth continue to exist?

David
* Ironman for Life! (Blog) * IM Everyday Hero Video * Daggett Shuler Law *
Disclaimer: I have personal and professional relationships with many athletes, vendors, and organizations in the triathlon world.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [david] [ In reply to ]
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In Canada Subaru has sponsered the Ironman events for something like 20 years going back to Ironman Canada Penticton. It has lasted forever. Athletes have been getting discounts on Subarus through that time too. Subaru just got pushed out of Canadian race rights because of the Vinfast global deal. It was a massive "loss" over here because Subaru has been synonymous with the Canadian races.

I am interested in seeing what Vinfast brings to the market in Canada. So far we can't get anything, but that is par for the course with all brands. It is unlikely I will buy one though as I don't find any of the models particularly compelling for my needs.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [rrheisler] [ In reply to ]
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I went with BYD. But I understand that's not an option in the US (yet).
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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Anybody notice that Adidas’s World Cup sponsorship tagline is “Impossible is Nothing”, a double negative version of the familiar “Anything is Possible”

In Adidas’s case, it relates to footballers worth hundreds of millions of dollars. Not the 30 lbs overweight dentist with $10,000 to spend on a bike
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Waingro] [ In reply to ]
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Vinfast making up for the coming sin of destroying the bike riding in the area of NC they are building. That is my take. They stand to ruin that area for a ton of people.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Karl] [ In reply to ]
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Me too - my Model Y has been perfect - and I also gave "old Elon" my money not the "new Elon".

____________________________________

Are you ready to do an Ultraman? | How I calculate Ironman race fueling | Strength Training for Athletes |
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [robgray] [ In reply to ]
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Just read on my business feed today that Vinfast got the approval to sell cars now in the US, first ones coming next month it looks like. Anyone going to take a flier, or watch and see how they go first??
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [timr] [ In reply to ]
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timr wrote:
I don't feel like I got a true review towards the car as much as he talked about hating the trip and the vehicles. He also doesn't seem to understand electric vehicles so I wonder what he's directly comparing his actual driving experience too? For instance, it might not be the engineers limiting peak horse power. That might be limited by battery efficiency loss due to them heating up during operation. The engineer could've explained that as well and perhaps discussed other battery manufacturers they are testing or program updates being written? I'm not giving Vinfast a valid excuse as they need to figure it out, but he doesn't seem to understand what questions to ask (doesn't understand electric vehicles).


First review from a real EV specialist who also turned down the free holiday. Seeing as VinFast has the resources to send journos and influencers on costly and environmentally-wasteful junkets, I would guess they are good for standing behind they’re Ironman sponsorship. However, not looking promising for their actual product. Meanwhile, people can hate on Musk all they like, but between the fresh Tesla price cuts and the new tax credits, people in the US can now get a great price for an MYLR having good practicality and performance, class-leading efficiency and crash safety, excellent charging network, low running costs, and that is the most American-made vehicle on the market…
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [duncan] [ In reply to ]
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Making production cars at a profit is hard. This far into production Tesla's poor build quality and shoddy dangerous self driving experiment show that. Vinfast is just suffering the same pangs as 10 other EV start-ups before them.

Even Tesla is entirely propped up by governmental subsidies (e.g. carbon credits) for any profit at all. Their newest models are still old, and in many ways falling behind new models from Hyundai, Ford, Mercedes, VW et al. Their CEO is cosplaying as a TechBro Brewster's Millions reenactment, and the stock price has absolutely tanked.

If you can get past supporting Elon Musk with your money, buying a Tesla is based on two things logically- the battery pack/motor combination (still one of the best, only behind Lucid now) and the Supercharger network in the US (still unmatched).
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [elf6c] [ In reply to ]
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elf6c wrote:

Even Tesla is entirely propped up by governmental subsidies (e.g. carbon credits) for any profit at all.


I'm no Tesla fan, but while this may have been true years ago, I don't think it is any longer. In 2021 (haven't seen 2022 #'s yet), Tesla sold about $1.5B in carbon credits. In 2021 Tesla had ~$5.5B in profit off ~$53.8B in revenue. (source). So in 2021 the credits were about 3% of all revenue and about 28% of profit. Significant for sure, but it sure seems like the bulk of their revenue and profit comes from selling cars.

Also, I wouldn't call carbon credits a direct subsidy. Tesla (or any company) gets them from the government for free. And then sells them to other companies. Outside of government administrative costs, the "taxpayer" does not pay for the credits. The consumers of the companies who buy credits ultimately pay the cost. There are other direct subsidies for EVs, e.g. the direct consumer tax credits.
Last edited by: trail: Jan 14, 23 6:41
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [elf6c] [ In reply to ]
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elf6c wrote:
Making production cars at a profit is hard. This far into production Tesla's poor build quality and shoddy dangerous self driving experiment show that. Vinfast is just suffering the same pangs as 10 other EV start-ups before them.

Even Tesla is entirely propped up by governmental subsidies (e.g. carbon credits) for any profit at all. Their newest models are still old, and in many ways falling behind new models from Hyundai, Ford, Mercedes, VW et al. Their CEO is cosplaying as a TechBro Brewster's Millions reenactment, and the stock price has absolutely tanked.

If you can get past supporting Elon Musk with your money, buying a Tesla is based on two things logically- the battery pack/motor combination (still one of the best, only behind Lucid now) and the Supercharger network in the US (still unmatched).

I know Vinfast is mostly marketing their EVs. But I would say they're not an EV Startup. They're a startup for sure. But they produce "luxury" internal combustion vehicles as well.

Washed up footy player turned Triathlete.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [TheStroBro] [ In reply to ]
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TheStroBro wrote:
elf6c wrote:
Making production cars at a profit is hard. This far into production Tesla's poor build quality and shoddy dangerous self driving experiment show that. Vinfast is just suffering the same pangs as 10 other EV start-ups before them.

Even Tesla is entirely propped up by governmental subsidies (e.g. carbon credits) for any profit at all. Their newest models are still old, and in many ways falling behind new models from Hyundai, Ford, Mercedes, VW et al. Their CEO is cosplaying as a TechBro Brewster's Millions reenactment, and the stock price has absolutely tanked.

If you can get past supporting Elon Musk with your money, buying a Tesla is based on two things logically- the battery pack/motor combination (still one of the best, only behind Lucid now) and the Supercharger network in the US (still unmatched).


I know Vinfast is mostly marketing their EVs. But I would say they're not an EV Startup. They're a startup for sure. But they produce "luxury" internal combustion vehicles as well.

VinFast planned to stop manufacturing ICE vehicles at the end of 2022.

Janyne
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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I was just reading that Vinfast has gone public and are now "valued" at more than Ford.
VinFast: Vietnam EV maker valued at more than Ford or GM - BBC News

Reading the article it seems a back door, dodgy way to go public.

Good on them for continuing to sponsor IM.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Ironnerd] [ In reply to ]
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Ironnerd wrote:
I was just reading that Vinfast has gone public and are now "valued" at more than Ford.
VinFast: Vietnam EV maker valued at more than Ford or GM - BBC News

Reading the article it seems a back door, dodgy way to go public.

Good on them for continuing to sponsor IM.

The stock is super thinly traded (due to the founder owning almost all the outstanding shares) and will probably be extremely volatile.

The biggest issue Vinfast has is that its offerings pale against the competition. They are opening a showroom here in Stanford mall, right by the Tesla one. Right now the choice is ridiculously easy.

ECMGN Therapy Silicon Valley:
Depression, Neurocognitive problems, Dementias (Testing and Evaluation), Trauma and PTSD, Traumatic Brain Injury (TBI)
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Ironnerd] [ In reply to ]
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Ironnerd wrote:
Reading the article it seems a back door, dodgy way to go public.

A SPAC is - or was, until recently - a fairly standard way of going public for growing tech companies. It has a number of advantages, such as the fact that you're allowed to release forecasts (whereas in a standard IPO, at least in the U.S., it's forbidden and you can only show historical financials).

"FTP is a bit 2015, don't you think?" - Gustav Iden
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [Sbernardi] [ In reply to ]
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Sbernardi wrote:
If you have been around a while, IM has a history of being bad for sponsorships. They don’t last. It’s a kiss of death.

I just think that this savior of a company (or at least that’s how it’s was presented in Kona) is a well funded train wreck so far.

Triathletes are early adopters, but I believe it’s quality over quantity. Who here would choose a VinFast over a Tesla. Not me

I was more surprised that company that wants to sell a mainstream item appears to be using IM as it's introductory marketing campaign in one of the most important markets - the US. I would think their are better ways to reach middle america that they hope to sell to. Unless they are planning a future tie in of the brand by comparing it to the IM itself as a form of car reliability, etc.
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Re: Looks like another Ironman Sponsor implosion coming “VinFast” [kajet] [ In reply to ]
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Just saw this article about Vinfast. Time will tell if the company succeeds or not.

Tycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPAC (msn.com)
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