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28th May 2020 Login  
Re: whats happened to Proven?
by Peter at 2011-09-21 12:48:33 (Forum::Public::ProvenEnergy)
Perhaps a lesson of what happens when VCs get involved who really don't understand the business. I feel extremely sorry for Gordon Proven, who created a good business and helped to place small domestic sized wind generation on the map.

A collapse like this is bad for the industry and particularly their customers and dealers. One of the reasons I purchased a Bergey rather than a Proven was the consistent stories of poor service - even when seeking to purchase, they failed to answer my emails efficiently. The troubles seem to have stemmed from the time they received a very large input of VC capital to pump them up.

Hopefully, people who now really understand the business will purchase the business from the Administrator and a Phoenix will arise from the ashes.

Peter

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whats happened to proven? scott smith - 15/09
    Re: whats happened to proven? CL - 16/09
       Re: whats happened to proven? Ted Marynicz - 16/09
          Re: whats happened to Proven? Peter - 21/09
             Re: whats happened to Proven? Peter - 21/09
                Re: whats happened to Proven? Ted Marynicz - 25/09
                   Re: whats happened to Proven? CL - 26/09
             Re: whats happened to Proven? Vicki Burns - 27/09
                Re: whats happened to Proven? Stuart - 28/09
                   Re: whats happened to Proven? CL - 13/10
                      Re: whats happened to Proven? Vicki Burns - 20/10
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