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> This is something that can't realistically happen for a furniture plant. You can't pile up furniture up to the sky without paying your wood suppliers. Have y
by justin_vanw 8y ago
> This is something that can't realistically happen for a furniture plant. You can't pile up furniture up to the sky without paying your wood suppliers.
Have you ever seen $300MM worth of wood? I specifically said the owner had pumped a huge amount of money in the company.
- bpizzi 8y ago> Have you ever seen $300MM worth of wood? Well, I'm not sure about wood, indeed, but I guess specials species can cost a lot. But I definitely saw $300MM of metal in a single stocking rack, not even speaking in terms of machines and buildings. > I specifically said the owner had pumped a huge amount of money in the company. Yes, I read that but I put it apart a bit too quickly, apologies. I would love to be pointed to real cases where huge amount of cash were invested in finished-good producing plants with no sales whatsoever. Off the top of my head I can think that Tesla's industrial activity can come close to the description for the investment story, however they do sell - their problem is more of meeting the production target. I've seen with my eyes plants coming out of nowhere [0] with banks backed cash, but they definitely had customers commands already passed. [0] https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=fr&ie=UTF-8&u=https%3A%2F%2Fwww.ladepeche.fr%2Farticle%2F2017%2F11%2F08%2F2680644-figeac-aero-deploie-son-usine-du-futur.html&edit-text=&act=url https://translate.google.com/translate?sl=auto&tl=en&js=y&pr...
- justin_vanw 8y agoSo Evernote spent that much and they didn't even make any furniture, so their wood costs were very very low. Zero even. They still spent that much money?