Volagi Cycles Explained

Volagi Cycles
Type:Private
Location City:Ogden, Utah
Location Country:United States
Key People:Robert Choi, Barley Forsman
Industry:Bicycles
Products:Bicycle and related components
Homepage:www.volagi.com

Volagi Cycles was an American company that manufactured bicycles and related components. Founded in 2010 by two bicycle industry designers, Robert Choi and Barley Forsman, Volagi had six international distributors, as well as eighty bicycle dealers in the United States.[1]

History

Originally based in Cotati, California, Volagi was founded in 2010 by Robert Choi and Barley Forsman, both former employees of Specialized Bicycle Components and CamelBak.

In 2012 the company was sued by Specialized Bicycle Components, for theft of trade secrets and breach of employment contract, as well as other charges. Of Specialized's nine claims, eight were thrown out of court, and the jury awarded Specialized one dollar in damages on the remaining count (breach of employment contract) that went to trial.[2] [3] [4] It was estimated by Choi and Forsman's attorney, Tyler Paetkau, that Specialized incurred more than $2M in legal fees to practice "competition by litigation."[5]

In September 2016, Volagi announced that it would close its doors after a founding member was injured in a bicycle accident involving an automobile.[6]

Volagi sponsored athletes such as Chris Ragsdale, compete in ultra-cycling events such as Race Across America.[7]

See also

External links

Notes and References

  1. Web site: Store Locator . Volagi . 2014-06-04.
  2. Web site: Fretz . Caley . Specialized sues Volagi over Liscio road bike . 2012-01-03 . Velo News . 18 April 2014 . https://web.archive.org/web/20150105040154/http://velonews.competitor.com/2012/01/bikes-and-tech/specialized-sues-volagi-over-liscio-road-bike_201808 . 2015-01-05 . live .
  3. Web site: An expensive dollar: Volagi owes Specialized $1 . Velonews.competitor.com . Zinn . Lennard . 2012-01-13 . 2014-06-04 . https://web.archive.org/web/20170625045456/http://www.velonews.com/2012/01/news/an-expensive-dollar-volagi-owes-specialized-1_203443 . 2017-06-25 . live .
  4. Web site: Legal feud between bike giant Specialized and Bay Area startup ends in mixed verdict . Mercury News, Bay Area News Group . Mintz . Howard . 2012-01-13 . 2017-09-14 . https://web.archive.org/web/20170501201109/http://www.mercurynews.com/2012/01/13/legal-feud-between-bike-giant-specialized-and-bay-area-startup-ends-in-mixed-verdict/ . 2017-05-01 . live .
  5. Web site: Payne . Paul . Jury awards $1 to Specialized in Cotati bike feud case . THE PRESS DEMOCRAT . 2012-01-13 . 2017-09-14 . https://web.archive.org/web/20170914035649/http://www.pressdemocrat.com/csp/mediapool/sites/PressDemocrat/News/story.csp?cid=2021152&sid=555&fid=181 . 2017-09-14 . live .
  6. Web site: MacMichael . Simon . US bike maker Volagi Cycles suspends operation with co-founder in coma . news article . 2016-09-30 . 2018-07-11.
  7. Web site: Microsoft Word - CHRIS RAG . PDF . 2014-06-04.