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A lot of manufacturing doesn’t have the market cap to gain investment in the US, lathes included. The total annual lathes sales are <$50b/yr, so you’d have to
by bitmasher9 2y ago
A lot of manufacturing doesn’t have the market cap to gain investment in the US, lathes included. The total annual lathes sales are <$50b/yr, so you’d have to corner the global market to make it into the Fortune 500. Maybe you could get investment, but you would need killer patents and a working prototype first.
- xenadu02 2y agoThat's true and unfortunate. In the past many more banks were local and there was greater appetite for investments in small and medium businesses, without the expectation that the business had to make the Fortune 1000 or it wasn't worth doing.