Concept2 co-founder Peter Dreissigacker describes licensing a backpack design to The North Face as part of a Stanford engineering project with his brother Dick.
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“They did actually produce it for a while, and they licensed some of the components that we were getting royalties from them... We figured the royalties, when all was said, amounted to about 35 cents an hour for our work.”
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More from Peter Dreissigacker
AssertionNot publicly verifiable
Over 90 Percent of CrossFit Gyms Use Concept2 Rowers
“Probably, yeah, 90% or more.”
Peter DreissigackerMay 27, 2024▶ 46:29Concept2 Rowing Machines: Dick and Peter Dreissigacker
AssertionSupported
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“We have, like, 40 other third-party apps that connect with that monitor.”
Peter DreissigackerMay 27, 2024▶ 50:02Concept2 Rowing Machines: Dick and Peter Dreissigacker
Disclosure
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“We had a clearer vision of the place that we wanted to move to live, to do this business than we had of what the business was going to be.”
Peter DreissigackerMay 27, 2024▶ 19:59Concept2 Rowing Machines: Dick and Peter Dreissigacker
Disclosure
Concept2 Continues to Assemble All Its Rowing Machines in Vermont
“We assemble here, yeah.”
Peter DreissigackerMay 27, 2024▶ 47:14Concept2 Rowing Machines: Dick and Peter Dreissigacker
Disclosure
Concept2 Runs Its Global Hardware Operation With Just 130 Employees
“A 130, which includes about 40 overseas at subsidiaries.”
Peter DreissigackerMay 27, 2024▶ 48:23Concept2 Rowing Machines: Dick and Peter Dreissigacker
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