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The belay test and the modern American climbing gym
The story of California’s City Rock
So Mayfield widened his net, contacting ”everybody in Silicon Valley who had ever climbed” and raised half a million dollars with 48 limited partners, essentially a large group of $5,000 investors. But Davis recalls that perhaps the most important thing City Rock did for the climbing gym industry was establish safety standards to manage risk, including legitimate belay tests. Jim Collins, a notable climber, bestselling author, and business guru who taught MBA students at Stanford University, studied City Rock as a class project.
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