Borealis Fat Bikes gets offer from Adventure Capitalists TV show

By Stephen Frothingham

COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes is the latest bike company to appear on a televised entrepreneurs show. Steve Kaczmarek, the brand’s owner, appeared on CNBC’s “Adventure Capitalists” during a prime-time episode Tuesday.

Show host Jeremy Bloom, a world champion skier and Boulder, Colorado, resident, offered Kaczmarek $250,000 for a 25 percent stake in the company. Negotiations are still underway.

Kaczmarek started Borealis Fat Bikes in 2013. Last year, sales reached $2.5 million.

“Appearing on ‘Adventure Capitalists’ was the highlight of the year,” Kaczmarek said. “Borealis Fat Bikes was able to demonstrate the versatility of our products on national TV with superstars — and it was gratifying to have the investors recognize that our new bikes are even better and lighter than previous models. This entire experience was amazing from the start.”

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Via:: Bicycle Retailer and Industry News