Great article; Petrolicious up for sale
Discussion
I really enjoy Petrolicious and am sad to see how the wheels came off- no new content since July 1..here is what happened:
https://www.bloomberg.com/news/articles/2020-07-11...
https://www.bloomberg.com/news/articles/2020-07-11...
Europa1 said:
Curses! I have apparently reached my free article limit with Bloomberg.
Can anyone summarise what happened, please?
Owner of Petrolicious made a handful of slightly-racist and controversial remarks on his personal social media pages over the years. No one really cared. But then he recently ramped up his controversial postings over the last couple of months or so, to a level at which it couldn't be ignored.Can anyone summarise what happened, please?
Customers were not impressed.
Sponsors such as Turtle Wax, eBay Motors, Hagerty, Chopard, Porsche etc then publicly abandoned Petrolicious.
He is now trying to sell Petrolicious, but prospective buyers are now saying he has 'damaged the value of the brand' and they want it for peanuts.
Lord Marylebone said:
Owner of Petrolicious made a handful of slightly-racist and controversial remarks on his personal social media pages over the years. No one really cared. But then he recently ramped up his controversial postings over the last couple of months or so, to a level at which it couldn't be ignored.
Customers were not impressed.
Sponsors such as Turtle Wax, eBay Motors, Hagerty, Chopard, Porsche etc then publicly abandoned Petrolicious.
He is now trying to sell Petrolicious, but prospective buyers are now saying he has 'damaged the value of the brand' and they want it for peanuts.
Thank you; interesting stuff. Customers were not impressed.
Sponsors such as Turtle Wax, eBay Motors, Hagerty, Chopard, Porsche etc then publicly abandoned Petrolicious.
He is now trying to sell Petrolicious, but prospective buyers are now saying he has 'damaged the value of the brand' and they want it for peanuts.
Europa1 said:
Curses! I have apparently reached my free article limit with Bloomberg.
Can anyone summarise what happened, please?
Some non-paywall articles here:Can anyone summarise what happened, please?
https://jalopnik.com/petrolicious-founder-appears-...
https://jalopnik.com/petrolicious-founder-stepping...
I thought the business model for Petrolicious was perfect. High production values ,early into the use of short videos,access to interesting people and videos.
What surprised me was how fragile it was and how it couple come apart on the basis of the ill-judged comments of the founder.
The lesson is to think twice before posting stuff on social media. Everything you say,everything you publish lasts forever. Recently a very senior executive at Boeing left after someone dug up and article he had published 30 years ago. As someone who spent many years in information technology o remain astonished by the things people say on social media.
I doubt if the founder of Petrolicious had any inkling of the consequences of his comments.
Even here on PH I have always worried about getting involved in political/societal conversations. However,each to his own of course.
What surprised me was how fragile it was and how it couple come apart on the basis of the ill-judged comments of the founder.
The lesson is to think twice before posting stuff on social media. Everything you say,everything you publish lasts forever. Recently a very senior executive at Boeing left after someone dug up and article he had published 30 years ago. As someone who spent many years in information technology o remain astonished by the things people say on social media.
I doubt if the founder of Petrolicious had any inkling of the consequences of his comments.
Even here on PH I have always worried about getting involved in political/societal conversations. However,each to his own of course.
Just another reason why Business owners should stay away from any form of Social Media. It just takes one person high up to make a comment that a small but vocal minority doesn't like, and everything the owner and their staff have worked hard on over the years is ruined in an instant.
It should be a warning to everyone - don't say what you actually feel, EVER, because "they" will try to cancel you if what you say differs from "their" viewpoint, regardless of whether "they" are Left or Right. Everyone is a target now, everyone.
Isn't modern life wonderful!
It should be a warning to everyone - don't say what you actually feel, EVER, because "they" will try to cancel you if what you say differs from "their" viewpoint, regardless of whether "they" are Left or Right. Everyone is a target now, everyone.
Isn't modern life wonderful!
IanH755 said:
Just another reason why Business owners should stay away from any form of Social Media. It just takes one person high up to make a comment that a small but vocal minority doesn't like, and everything the owner and their staff have worked hard on over the years is ruined in an instant.
It should be a warning to everyone - don't say what you actually feel, EVER, because "they" will try to cancel you if what you say differs from "their" viewpoint, regardless of whether "they" are Left or Right. Everyone is a target now, everyone.
Isn't modern life wonderful!
Thanks for the advice - but I'll carry on saying what I feel. And I think that many of others can probably do the same. It should be a warning to everyone - don't say what you actually feel, EVER, because "they" will try to cancel you if what you say differs from "their" viewpoint, regardless of whether "they" are Left or Right. Everyone is a target now, everyone.
Isn't modern life wonderful!
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