[Elecraft] K rig's longevity?
Eric Swartz - WA6HHQ, Elecraft
eric at elecraft.com
Sun Sep 30 20:19:18 EDT 2007
Retire at, or near 50? Are you kidding? (Wayne and I are both at the big
five-o..)
I tried it once, back in my 30's, and went crazy after a year of goofing
off. After a year I started another company. (Verisys, Inc.) I'm not
planning on retiring for a very long time, if ever. My father is still
happily working at 75, not because he has to, but because he loves his
work and it keeps his mind young. I plan to be doing the same.
Elecraft is not venture capital backed and is fully owned by the
founders, Wayne and myself. There are no external pressures to cash out. :-)
73, Eric WA6HHQ
------
David Woolley wrote:
> N2EY at aol.com wrote:
>
> The other issue is that Elecraft is a small company and we have
> discovered, this week, that one of their founders is turning 50 and
> another key technician learned algebra in the late 1950s, it seems to
> me that a lot of the key personnel are reaching the point where they
> think about retirement. As well as losing the product knowledge,
> founders of startup companies in that position often want to turn the
> value of the company into cash to fund their pensions. To me, the K3
> could well be there in order to make the company sellable.
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