entity Updated 2026-08-25

Waterloo Rods

Waterloo Rods is the fishing-rod company Ryan Seiders built before co-founding YETI, as discussed in YETI: Ron and Ryan Seiders. How Two Brothers Turned a $400 Cooler Into a $2 Billion Brand. The episode uses Waterloo as evidence that Ryan already understood serious anglers, specialty outdoor retail, and physical-product selling before joining Roy Seiders.

Key Points

  • Ryan built and sold fishing rods, including a durable rod associated with grass-fishing use and Terry Oldham.
  • The business reached roughly 1,000-1,500 rods per year at about $175 per rod.
  • Ryan sold Waterloo and used proceeds from the sale to help fund YETI’s first container purchases.
  • Waterloo strengthened the brothers’ Founder Product Fit because YETI’s first customers overlapped with the same fishing and outdoor-performance world.

Connections