Carpenter: Freestyle snowboarding venues at recent Olympics were dangerously sketchy
Jake Burton Carpenter · Remembering Jake Burton Carpenter · Nov 21, 2019 · at 27:13
Burton Snowboards founder Jake Burton Carpenter discusses Olympic venue quality and the governance of snowboarding competitions.
0:00 / 0:09exact quote · 9.8s
720p mp4 · rendered on demand · StarZero watermark
“The last two Olympics, the venues, for the freestyle stuff, which is what people care about, for the halfpipe and slopestyle, the venues have been really sketchy.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Jake Burton Carpenter
Carpenter: Burton Was Always the Number One Snowboard Manufacturer
“We've been the number one manufacturer of snowboards since the day”
Carpenter: Ride Snowboards Collapsed Due to Unrealistic Wall Street Expectations
“And then all of a sudden, Ride Stock, which was at 35 bucks at the time, went down to two bucks. Because they had these expectations that, like Wall Street, just, they take things and they project unrealistic expectations.”
Carpenter: FIS added Olympic snowboarding without consulting the sport's pioneers
“Well, FIS, which is a International Ski Federation, it's a Swiss, you know, whatever, governmental body, and they controlled the scene, and then they started having snowboard competitions when they just had, aside from their ski races, and we were wondering wh…”
Burton: Bank charged Burton Snowboards $4M for loan covenant amendment
“The bank charged us four million dollars to change one paragraph in our loan agreement, which was called a covenant.”
Burton paid a $4 million bank fee to amend a loan covenant
“Well, the bank charged us four million dollars to change one paragraph in our loan agreement, which was called a covenant. When you're borrowing money, your earnings had to represent a certain ratio compared to how much money you were borrowing, and we slipped…”