The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Hetrick: TRX won a unanimous $6.8M jury verdict in infringement lawsuit
“We got a unanimous verdict had a jury award of 6.8 million in damages, which is quite something, you know, it implies, I don't know, something like 20 to 22 to twenty-five million in lost sales”
Stanford dean advised Randy Hetrick to abandon TRX for corporate jobs
“Well, I mean, at the time, Garth Saloner was one of my, he ended up becoming the dean there. He was one of my professors, and he said, you know, Randy, I can get you any number of great paying jobs in Silicon Valley with your background. You know, don't do thi…”
TRX won a $6.8 million jury verdict against patent counterfeiters
“We got a unanimous verdict. We had a jury award of 6.8 million in damages”
TRX revenue immediately jumped 40% year-over-year after winning its patent lawsuit
“Our business almost immediately leapt up by 40% year over year and seems to be growing rapidly.”
Randy Hetrick partnered with Jack Daly to buy back distressed TRX
“I went out and found a good buddy, my good pal Jack Daly, and we hatched a plot to buy TRX out of what was kind of a troubled situation Let's just say.”
Hetrick: Traditional calisthenics fail to prepare soldiers for heavy gear climbing
“Push-ups and squats and sit-ups, and none of that gets you really prepared to climb the side of a freighter with, you know, 80 pounds of gear on your back”
Stanford dean Garth Saloner urged Hetrick against founding TRX
“Garth Saloner was one of my, he ended up becoming the dean there. He was one of my professors, and he said, you know, Randy, I can get you any number of great paying jobs in Silicon Valley with your background. You know, don't do this.”
Hetrick: Investigators discovered about 20 Chinese factories counterfeiting TRX trainers
“And they found about 20 different factories scattered around China that were all creating fake counterfeit TRX suspension trainers.”
Market confusion from counterfeits drove TRX to negative revenue in 2014
“We really experienced a flattening and actually a negative growth for a couple of years, 20 14 and 20 15.”
Hetrick: TRX spent $2.5M over 3 years on patent litigation
“We ended up, in our action, ended up spending about two and a half million bucks, and it took about three years.”
Hetrick: TRX sales leapt 40% year-over-year following court victory
“Our business almost immediately leapt up by 40% year over year and seems to be growing.”
Hetrick projected TRX annual revenue to exceed $50 million in 2018
“Yeah, we'll be a little north of that this year.”
Hetrick predicts TRX revenue will soon be 40% digital content and education
“And I think pretty quickly will be 6040. 60 being gear still and 40 being the soft goods in the form of education revenues and then digital content.”
Drew Brees featured the TRX in his Sports Illustrated comeback story
“And he had a opportunity with Sports Illustrated early on to do a story about his comeback, and he was very kind and, you know, just to sort of scratch my back, made sure that the picture that they featured was him training on the suspension trainer.”
Private investigators found 20 Chinese factories manufacturing counterfeit TRX gear
“And they found about 20 different factories scattered around China that were all creating fake counterfeit TRX suspension trainers.”
TRX revenue is shifting from purely hardware to 40% digital and education
“And I think pretty quickly will be 6040. 60 being gear still and 40 being the soft goods in the form of education revenues and then digital content.”
Hetrick: Early TRX inventory batch arrived with handles that cracked immediately
“One of the very early large lots of inventory we ordered arrived, and, you know, we'd sold out of everything, so of course we were out of stock by the time it arrived, and desperate to ship. Well, we hooked up the first suspension trainer, leaned back, and the…”
Hetrick: Navy SEAL parachute rigger made early TRX prototypes for beer
“I had a friend who was a parachute rigger out in the peril loft who started making them for guys in exchange for a case of beer.”
Hetrick: Stanford coaches validated TRX prototype across diverse sports teams
“While I was at Stanford, I was able to go out and train in the athlete training center, and I would show up with my straps and hook them up, you know, in this world-class training facility, and over the course of six or eight months, I mean, darn near every on…”
Hetrick: Drew Brees featured TRX in a Sports Illustrated comeback story
“He had a opportunity with Sports Illustrated early on to do a story about his comeback, and he was very kind, and, you know, just to sort of scratch my back, made sure that the picture that they featured was him training on the suspension trainer”