- Posts
- 29,245
- Likes
- 75,639
Hodinkee Drama Strikes Again
- Posts
- 15,048
- Likes
- 24,054
cicindela
··Steve @ ΩFI remember when they started; doing traveling boot sales.
So they have progressed.
So they have progressed.
- Posts
- 2,070
- Likes
- 14,602
Traveler
·Let me make clear that: of course some of their content is just too much targeted on an elite high brow twat kind of customer
- Posts
- 16,856
- Likes
- 47,862
- Posts
- 15,048
- Likes
- 24,054
- Posts
- 986
- Likes
- 3,009
vitriol
·That's funny how everything is blurring...
LVMH invests in Hodinkee - a content creator who eventually will be a retailer,
Richemont buys Watchfinder - a pre-owned watch dealer who is heading into the direction of the content creator.
LVMH invests in Hodinkee - a content creator who eventually will be a retailer,
Richemont buys Watchfinder - a pre-owned watch dealer who is heading into the direction of the content creator.
- Posts
- 2,504
- Likes
- 7,579
sdre
·I liked and followed Hodinkee fervently at the start but I no longer browse their website. I rather read SJXwatches (they are more objective and less biased on their articles).
Wornandwound use to be great as well (focuses on microbrands and "cheaper" gems like Vintage Seikos) but looking at how vehemently they defend Hodinkee on comments made me unfollow them as well.
Wornandwound use to be great as well (focuses on microbrands and "cheaper" gems like Vintage Seikos) but looking at how vehemently they defend Hodinkee on comments made me unfollow them as well.
- Posts
- 230
- Likes
- 598
dsacks30
·I guess this is one way to acknowledge LVMH owns a percentage of your company, while also dismissing that as irrelevant...
- Posts
- 1,070
- Likes
- 5,849
- Posts
- 230
- Likes
- 598
dsacks30
·Apparently Hodinkee raised $40 million at a $100 million valuation:
On Wednesday, Hodinkee announced that it raised $40 million from a group of investors that include TCG, LVMH Luxury Ventures, True Ventures, Grammy-award winning musician (and major watch nerd) John Mayer and six-time Super Bowl champion Tom Brady. The investment values Hodinkee at more than $100 million, according to a person familiar with the matter.
https://www.wsj.com/articles/hodinkee-40-million-investment-lvmh-11606912900
On Wednesday, Hodinkee announced that it raised $40 million from a group of investors that include TCG, LVMH Luxury Ventures, True Ventures, Grammy-award winning musician (and major watch nerd) John Mayer and six-time Super Bowl champion Tom Brady. The investment values Hodinkee at more than $100 million, according to a person familiar with the matter.
https://www.wsj.com/articles/hodinkee-40-million-investment-lvmh-11606912900
- Posts
- 1,567
- Likes
- 12,396
Zapatta
·Ben announced that he is no longer CEO of Hodinkee.
- Posts
- 10,654
- Likes
- 51,899
Walrus
·Apparently Hodinkee raised $40 million at a $100 million valuation:
On Wednesday, Hodinkee announced that it raised $40 million from a group of investors that include TCG, LVMH Luxury Ventures, True Ventures, Grammy-award winning musician (and major watch nerd) John Mayer and six-time Super Bowl champion Tom Brady. The investment values Hodinkee at more than $100 million, according to a person familiar with the matter.
https://www.wsj.com/articles/hodinkee-40-million-investment-lvmh-11606912900
- Posts
- 501
- Likes
- 2,141
- Posts
- 1,567
- Likes
- 12,396
- Posts
- 1,502
- Likes
- 5,697
KingCrouchy
·I guess this is one way to acknowledge LVMH owns a percentage of your company, while also dismissing that as irrelevant...
- Posts
- 334
- Likes
- 1,706
scv55
·This comment on Hodinkee's article concerning the new CEO puts it best.
"Long time Hodinkee reader. First time I have been moved to make a comment. For me, this is a sad announcement, and another sign of the insidious effects of venture capital investment (and I actually work in VC...) Let's put aside the naive comments about LMVH Luxury Ventures being completely independent from LVMH. I'll just say I doubt LLV would do anything that would harm its parent company. It is the same line Hodinkee tries to feed us about the Hodinkee Shop being separate from Editorial, even though they both answer to the same bosses (their venture capital investors). The bigger signal is that Toby Bateman comes from Mr. Porter. Mr. Porter is a retailer, period. Mr. Bateman's title was Director of Buying, which means his core skillset is knowing how to sell as much of their inventory as possible. Hodinkee started off as a watch journalism/enthusiast site. The choice of a CEO with an e-commerce background, not one in editorial or more than tangential experience with watches, makes it quite clear where the owners of Hodinkee want to take the website. Hodinkee could have hired an editorial heavyweight to run the company. Or even hired an operations person with a more well-rounded skillset. Instead, they hired a retailer. The choice of CEO is a clear tell that Hodinkee's VC's number 1 priority is to sell watches (and other 'lifestyle' items) from their retail 'partners'. The days of Hodinkee being a interesting editorial website is over. Fratello Watches is now the best player in that game, in my opinion. They write articles that enthusiasts would appreciate, but Hodinkee has long since stopped writing. Mr Porter is a luxury e-commerce retailer, with some hired gun editorial content attached to it along with high production values. Unfortunately, that is I expect Hodinkee to look like more and more. Actually, it already does."
-Hodinkee user MikeJ·
"Long time Hodinkee reader. First time I have been moved to make a comment. For me, this is a sad announcement, and another sign of the insidious effects of venture capital investment (and I actually work in VC...) Let's put aside the naive comments about LMVH Luxury Ventures being completely independent from LVMH. I'll just say I doubt LLV would do anything that would harm its parent company. It is the same line Hodinkee tries to feed us about the Hodinkee Shop being separate from Editorial, even though they both answer to the same bosses (their venture capital investors). The bigger signal is that Toby Bateman comes from Mr. Porter. Mr. Porter is a retailer, period. Mr. Bateman's title was Director of Buying, which means his core skillset is knowing how to sell as much of their inventory as possible. Hodinkee started off as a watch journalism/enthusiast site. The choice of a CEO with an e-commerce background, not one in editorial or more than tangential experience with watches, makes it quite clear where the owners of Hodinkee want to take the website. Hodinkee could have hired an editorial heavyweight to run the company. Or even hired an operations person with a more well-rounded skillset. Instead, they hired a retailer. The choice of CEO is a clear tell that Hodinkee's VC's number 1 priority is to sell watches (and other 'lifestyle' items) from their retail 'partners'. The days of Hodinkee being a interesting editorial website is over. Fratello Watches is now the best player in that game, in my opinion. They write articles that enthusiasts would appreciate, but Hodinkee has long since stopped writing. Mr Porter is a luxury e-commerce retailer, with some hired gun editorial content attached to it along with high production values. Unfortunately, that is I expect Hodinkee to look like more and more. Actually, it already does."
-Hodinkee user MikeJ·
- Posts
- 16,307
- Likes
- 44,983
JwRosenthal
·Not to sound like an OF fanboy (what can I say, I am), but I get more quality reporting and editorial on watches here than I ever did from any online publication. And it covers the gamut of horology, not just Omega.
From what other watch-centric publication would you find in-depth commentary and interactive conversations about new watch models across the price spectrum, the subtle differences of UG hand sets or Omega endlinks, restoration of tower clocks, detailed instructionals from watchmakers, a spectacular sales forum and a diverse population that covers all lifestyles and interests.
I enjoy Fratello’s commentary when they post new info- but it is nothing I can’t get from here just by spending a day reading- the collective knowledge and willingness to share here is unsurpassed.
Hondinkee has nothing to offer me anymore, I am completely satisfied with what I get from OF.
And when was the last time Dinky posted pictures of dogs???
From what other watch-centric publication would you find in-depth commentary and interactive conversations about new watch models across the price spectrum, the subtle differences of UG hand sets or Omega endlinks, restoration of tower clocks, detailed instructionals from watchmakers, a spectacular sales forum and a diverse population that covers all lifestyles and interests.
I enjoy Fratello’s commentary when they post new info- but it is nothing I can’t get from here just by spending a day reading- the collective knowledge and willingness to share here is unsurpassed.
Hondinkee has nothing to offer me anymore, I am completely satisfied with what I get from OF.
And when was the last time Dinky posted pictures of dogs???
- Posts
- 1,176
- Likes
- 4,963
apsm100
··Noob taxpayerNot to sound like an OF fanboy (what can I say, I am), but I get more quality reporting and editorial on watches here than I ever did from any online publication. And it covers the gamut of horology, not just Omega.
From what other watch-centric publication would you find in-depth commentary and interactive conversations about new watch models across the price spectrum, the subtle differences of UG hand sets or Omega endlinks, restoration of tower clocks, detailed instructionals from watchmakers, a spectacular sales forum and a diverse population that covers all lifestyles and interests.
I enjoy Fratello’s commentary when they post new info- but it is nothing I can’t get from here just by spending a day reading- the collective knowledge and willingness to share here is unsurpassed.
Hondinkee has nothing to offer me anymore, I am completely satisfied with what I get from OF.
And when was the last time Dinky posted pictures of dogs???
Totally agree. Hodinkee used to be my go to when I first got into watches and luckily I jumped out of their echo-chamber pretty early on.
- Posts
- 1,071
- Likes
- 2,165
jsducote
·Hodinkee: There's just no "there" there.
- Posts
- 16,307
- Likes
- 44,983
JwRosenthal
·Hodinkee: There's just no "there" there.
Similar threads
- Posts
- 0
- Views
- 3K
- Posts
- 12
- Views
- 958
- Posts
- 8
- Views
- 3K
- Posts
- 22
- Views
- 2K
