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> The company had conversations with textile factories interested in building an industrial version of the device. The team was essentially offered carte blanch
by chaostheory 9y ago
> The company had conversations with textile factories interested in building an industrial version of the device. The team was essentially offered carte blanche to build a device big enough to fill a warehouse, but had to pull out because some members couldn't countenance relocating.
Some people weren't all in. I'm guessing relocation was to somewhere in China.
- bsder 9y agoI suspect inland China. But, yeah, I translate that as "We chose to fail" or, less kindly, "We chose to fail because this won't make us rich in 12 months." If someone offers you "carte blanche" to basically do R&D from prototype to industrial scale, that's a pretty big deal. If you can't figure out how to follow through, you probably shouldn't be running a business.
- abakker 9y agoOr, you can say yes, and sell that business once the contract is won.