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6pack2go

04/17/19 5:57 PM

#49488 RE: joebro123 #49444

Why is it a problem if a company starts out in a garage?

I'll give you two examples of companies that I have personally worked for in the past:

1) Advanced Energy Industries Inc. - They currently have a market cap over $2.

Schatz began making power supplies for the semiconductor industry in his bedroom in California before moving the fledgling manufacturing business to Fort Collins in 1981.



https://www.coloradoan.com/story/money/2014/03/06/advanced-energy-co-founder-retiring-from-board-/6144439/

2) ROLM Corp - They were sold to IBM in 1984 for over $1.5B. ROLM started out in a fruit shed.

Decades before Facebook, seven years before Apple, four young men were hard at work in a prune-drying shed designing ''the world's toughest computer.''



https://www.amazon.com/Starting-Up-Silicon-Valley-Cultural/dp/1937110621

....so working from a home or garage is no big deal IMO...

$$SIML$$