Black Diamond Equipment: Peter Metcalf

How I Built This · 28 Oct 2024 · 54m

What this episode covers

Peter Metcalf, founder of Black Diamond Equipment, explains how he acquired the bankrupt assets of Chouinard Equipment in 1989 to launch a new climbing brand. He details the critical decision to establish industry-wide safety standards to secure affordable liability insurance, which was essential for survival. Metcalf also discusses the strategic pivot to consumer electronics with the LED headlamp, which drove massive growth, and the painful lesson learned from entering the ski boot market where larger competitors quickly undercut them.

Mentioned

Companies
Black Diamond Equipment, Chouinard Equipment, Patagonia, REI, Solomon, Atomic, Claris, The North Face, Columbia, U.S. Bank
Products
LED headlamp, backcountry ski boots
Also
Yvon Chouinard, Peter Metcalf

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