[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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