Why Did America Get the Boring Half of the Rockies?
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President & Chief Operating Officer, Celsius Holdings
Search every verified Eric Hanson interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Eric Hanson, president and chief operating officer of Celsius Holdings, has continued to appear on the "Successful Funding" show hosted by Carl Dayon, where he discussed topics such as investing in communities, changing funding expectations, and getting investor commitments. In those appearances, Hanson argued that unrealistic return expectations are a major problem in capital markets, stating that venture capitalists often seek "a minimum of four to five times return on their money" and that the U.S. focus on quarterly financial reports "breeds wanting these unrealistic expectations." He also emphasized that projects must offer tangible benefits to attract sponsors, saying "self-interest drives participation." Separately, Hanson has maintained a public presence as a hiking and backpacking YouTuber. In a December 2023 video, he detailed a legal case in which he was charged with a Class B misdemeanor for camping out of bounds in a national park. He stated that prosecutors initially sought a sentence of up to six months in prison, a $5,000 fine, and five years of probation, and that they discussed in court wanting to "bring down the hammer" on him because of his public profile. Hanson said he ultimately accepted a plea agreement that resulted in a $1,000 fine and a criminal record. In a later video, he shared personal background, noting that he spent eight years working for a production company called Heliconia before launching his own YouTube channel full-time in 2023.
“Probably the biggest glaring problem is the expectations by the people putting in or allowing funding β their expected returns are mostly unrealistic. The very first thing VCs want to see is how they're going to get a minimum of four to five times return on their money, and some say they want to make ten times their mo...”
“I believe there is a cure, but we have to start with the United States being very targeted to the financial report of the quarter β that breeds wanting these unrealistic expectations; other parts of the world are into the 50βyear or 100βyear report.”
“An industrial revenue bond is typically a tax-free bond guaranteed by the entity putting it up; in the case of Spokane the city guaranteed the bond and it was structured and sold to an investment bank to raise the funds needed.”
“When you're looking at funding, you must understand what's in it for the people who will write the checks β self-interest drives participation, so projects must offer benefits like increased exposure, revenue, or other tangible returns to attract sponsors.”
“Six months in prison, $5,000 fine and a five-year probation β that's what's on the line for me.”
“Camping out of bounds within the national park... is treated as the same level of crime as assaulting somebody.”
“This right here: the United States of America versus Eric Hansen.”
“They discussed this openly in court that they wanted to bring down kind of the hammer on me... they did not want to show me leniency strictly because of who I am β the following that I have with television and here on YouTube.”
“They wanted me to take a plea agreement which basically means that they want me to agree that I did something wrong and they're going to get something back which is going to be the removal of content from YouTube, from television and from all these things β I'm not willing to do that.”
“The prosecutor decided they were going to remove imprisonment as a possibility as well as probation, but I could still face up to a $5,000 fine.”
“I decided I'll take the plea agreement β I'll admit to wrongdoing... well, $1,000 fine. It could have been $5,000 and thankfully the judge showed a little bit of leniency.”
“I got a mug shot... I am now officially a criminal, I have a criminal record because I camped out of bounds.”
“This took most of my summer to resolve β the judge was like 'you are now on probation and you can't leave the country without my permission' so I had to set a new court date.”
“The product is spot on. We've also had our claims validated; we had a class-action lawsuit in 2010 that went through the process, so the claims are strong and it also has been reviewed by the NAD. It's not just a fly-by-night supplement; it is clinically proven with six clinical studies.”
“Over the last year, we've been working on a national distribution system. We're in a variety of Anheuser-Busch distributors, Keurig Dr Pepper, and many others around the country. Big guys are in New York right in your backyard. As we build this national distribution network, we're going to be able to leverage our retai...”
Thanks to onX Backcountry for sponsoring this video! You can try it for 3 months for $1 https://bit.ly/4kWCtgI Want to go on myΒ ...
This Successful Funding show will feature as my guest Eric Hanson - a professional entrepreneur. We will discuss what can orΒ ...
Eric Hanson will be the guest on the next show of Successful Funding. The topic will be getting an investor commitment. We willΒ ...
This Successful Funding show will feature guest Eric Hanson - an entrepreneur and investor. We will talk about what an investorΒ ...
Travel to Patagonia with me this November, 2024:Β ...
My wild Rim to Rim to Rim backpacking trip through the Grand Canyon turned even crazier when the US Marshals got involvedΒ ...
Celsius Holdings CEO John Fieldly joins CNBC's Jim Cramer to discuss the fitness drink company's distribution plans to driveΒ ...
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