Listug: Founders valued Taylor Guitars at $100,000 to buy out third partner
Kurt Listug · Taylor Guitars: Kurt Listug and Bob Taylor. From $3,700 Shop to Global Icon · Jan 26, 2026 · at 35:56
Kurt Listug and Bob Taylor, co-founders of Taylor Guitars, discuss executing a buy-sell agreement in 1983 to purchase third partner Steve Schemmer's stake.
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“We'd value the business at 100,000 dollars, and Steve owned it, 30%, so we each borrowed 15,000 dollars.”
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