TexPat said:
No, I wasn't happy at BSS. That much is true.
I'd wager that the majority of the bike shops out there were started exactly the way that you describe. You must be loaded!
To be fair to all of the bike shops out there; it's a really tough business that is populated by folks with passion who have chosen to do what they love. The bike biz is not on the Forbes list of money making schemes.
In fact, I had already been discussing opening a shop with a friend, and had approached a potential investor prior to any of the business with Lance. Look around Austin and you'll find quite a few shops whose origins are just like what you describe (eg founded by employees of other shops who moved on to do their own thing).
Pretty sure that anyone who had a gig with LA to open a shop would put a lot of faith in it to succeed--even if it's success was in selling LS gear. Hey, it's retail right?
Milking? You'll need to elaborate a bit on that. Not sure what you mean.
Well, no need to debate here whether RR is exaggerating or not about Mr. Anderson's claims in the lawsuit did or didn't include a claim that he and Armstrong had plans for the bike shop which eventually became Mellow Johnny's. The innuendo of RR's comment, and the further suggestion that Armstrong should turn over Mellow Johnny's to Mr. Anderson (along with an apology) is that Armstrong literally "stole" the idea for the shop and that there were definitive plans in existence for Armstrong to "steal". Otherwise we are left with Webster's conclusion that whatever the discussions were between Mr. Anderson and Armstrong, to the extent they happened at all, were as detailed in the allegations of the third amended counterclaim to which LauraLyn provided a link upthread, i.e., that Armstrong allegedly promised to provide Mr. Anderson with funds upon the termination of Anderson's employment (and upon Amrstrong's retirement) so Mr. Anderson could open his own shop.
We don't need to debate it because TexPat can actually tell us. He's here and seems willing to discuss what his alleged "deal" regarding the bike shop was as it pertains to Amrstrong. At least he wasn't reluctant to provide details in the article published in Outside magazine and in bits and pieces of the story that appear in the Daily Mail.
RR suggests that the deposition may have been sealed, perhaps as a part of the terms of the settlement. Well, if that's the case-- and I don't know whether it is so or not-- Mr. Anderson is apparently not under any restrictions from discussing what his testimony was, or if not the testimony itself, the essence and details of his claims in the lawsuit. Several iterations of the pleadings still remain available online. I have not searched for the depositions, and RR may be right about that.
But Mr. Anderson can tell us what the deal really was? Was Armstrong supposed to be a partner, with all that this legally implies (i.e., joint liability, co-management, sharing in profits according to one's partnership percentage interest, etc.); or was he just going to be an investor, with an expectation of return of his principal together with interest after a certain period of time? Or was the money just going to be a gift?
Only TexPat can really give us his side of the story. He's here, and I think all of us would like to know the details since this can really help clarify some of the questions raised here by the article.
So which is it? Did your claims in the lawsuit concern allegations that Armstrong misappropriated your idea to open a shop or not? Did he steal your idea, or just wind up not honoring what you believed to have been a contract for him to provide you with funds?