Nick Martel
👤 PersonAppearances Over Time
Podcast Appearances
They need cash to help fund future growth.
Right, Jack? The oil crisis rocks the global economy and the IPO market freezes. Yeah. So word starts to get out that the company is looking to sell. Instead of IPOing, they're going to sell the Jacuzzi company. Bye. Bye. Bye. Bye. And they decide, yes, it's time to sell the company.
Right, Jack? The oil crisis rocks the global economy and the IPO market freezes. Yeah. So word starts to get out that the company is looking to sell. Instead of IPOing, they're going to sell the Jacuzzi company. Bye. Bye. Bye. Bye. And they decide, yes, it's time to sell the company.
Right, Jack? The oil crisis rocks the global economy and the IPO market freezes. Yeah. So word starts to get out that the company is looking to sell. Instead of IPOing, they're going to sell the Jacuzzi company. Bye. Bye. Bye. Bye. And they decide, yes, it's time to sell the company.
The family's decision to sell the company when faced with internal conflicts and financial pressures, it shows the importance of knowing when to exit or when to seek external investment. For the Jacuzzis, that time was now. Yeah, it was. The company will change hands a few more times across the next 40 years, eventually landing with a European investment group, Invest Industrial.
The family's decision to sell the company when faced with internal conflicts and financial pressures, it shows the importance of knowing when to exit or when to seek external investment. For the Jacuzzis, that time was now. Yeah, it was. The company will change hands a few more times across the next 40 years, eventually landing with a European investment group, Invest Industrial.
The family's decision to sell the company when faced with internal conflicts and financial pressures, it shows the importance of knowing when to exit or when to seek external investment. For the Jacuzzis, that time was now. Yeah, it was. The company will change hands a few more times across the next 40 years, eventually landing with a European investment group, Invest Industrial.
The brand's estimated global revenue is $877 million as of 2023. So as prospective Yetis, less than a billion dollars for a brand that we all recognize. Honestly, it's way tinier than I expected at this point, Jack. It's barely grown since 1999. So Jacuzzi's revenues are less than the revenue from Deadpool and Wolverine. But still, the family got what they needed back in 1979.
The brand's estimated global revenue is $877 million as of 2023. So as prospective Yetis, less than a billion dollars for a brand that we all recognize. Honestly, it's way tinier than I expected at this point, Jack. It's barely grown since 1999. So Jacuzzi's revenues are less than the revenue from Deadpool and Wolverine. But still, the family got what they needed back in 1979.
The brand's estimated global revenue is $877 million as of 2023. So as prospective Yetis, less than a billion dollars for a brand that we all recognize. Honestly, it's way tinier than I expected at this point, Jack. It's barely grown since 1999. So Jacuzzi's revenues are less than the revenue from Deadpool and Wolverine. But still, the family got what they needed back in 1979.
They got liquidity, even if not every member feels like they got what they wanted. And despite its travels through private equity, Jacuzzi is still here as a brand. It is still the most recognized Whirlpool brand in the world. And today, you can find a jacuzzi in most mid-priced hotel chains and in a suburban dentist's backyard. But it's still considered by most economists to be a luxury good.
They got liquidity, even if not every member feels like they got what they wanted. And despite its travels through private equity, Jacuzzi is still here as a brand. It is still the most recognized Whirlpool brand in the world. And today, you can find a jacuzzi in most mid-priced hotel chains and in a suburban dentist's backyard. But it's still considered by most economists to be a luxury good.
They got liquidity, even if not every member feels like they got what they wanted. And despite its travels through private equity, Jacuzzi is still here as a brand. It is still the most recognized Whirlpool brand in the world. And today, you can find a jacuzzi in most mid-priced hotel chains and in a suburban dentist's backyard. But it's still considered by most economists to be a luxury good.
Lifestyle outlets like Travel and Leisure still run articles today, like 20 hotels around the world with stunning private hot tubs. And Jack, we should share the wild stats we discovered about Airbnbs and jacuzzis. Airbnb estimates that a hot tub can increase a rental's booking rate by 13% and increase a rental's price by $39 a night.
Lifestyle outlets like Travel and Leisure still run articles today, like 20 hotels around the world with stunning private hot tubs. And Jack, we should share the wild stats we discovered about Airbnbs and jacuzzis. Airbnb estimates that a hot tub can increase a rental's booking rate by 13% and increase a rental's price by $39 a night.
Lifestyle outlets like Travel and Leisure still run articles today, like 20 hotels around the world with stunning private hot tubs. And Jack, we should share the wild stats we discovered about Airbnbs and jacuzzis. Airbnb estimates that a hot tub can increase a rental's booking rate by 13% and increase a rental's price by $39 a night.
Although, Jack, we forgot to mention a jacuzzi's biggest risk of all.
Although, Jack, we forgot to mention a jacuzzi's biggest risk of all.
Although, Jack, we forgot to mention a jacuzzi's biggest risk of all.
Yeah, you want to check the bubble settings, check the light settings, and check the year, apparently. There's nothing worse than getting sent back to the wrong place to the wrong time in the wrong outfit check. Always pack a second speedo. So, Nick, I've slipped into something a little more formal to wrap up the show with you. I appreciate it.