J
Joerg
Hello Frank,
It's about keeping risks low. If there is a solution that's close enough
why not use that? That's what I am hoping for and where I now possibly
have one in sight. It would mean laying out the board to that enclosure
but that is no big deal. Once it flies another layout will be peanuts in
cost.
If you go all out and barge into the market the cost can be significant.
We had to do that on one device. A bit more mechanical but close. It
became a success but that company had to sink 1/2 million into it before
it turned a profit. That's not in the cards on this one.
'tis not how it works anymore. Not since the dot-com bust. You have to
show them your numbers and then they tell you whether to stick around or
catch the next flight home. So, the numbers have to look good. Really,
really good these days.
Regards, Joerg
Yes, but it doesn't make sense here. You say an initial low of 10-20K per
year, that suggests a product life of more than a year, and an increase
in numbers as well. So in the end you will be making perhaps 250K of these
things. So why worry about the costs for a test batch? If it flies, you know
you can have them custom made for a 10th of the price of a hammond box or
whatever. I really don't understand why you want to scrape off a few dimes
for your first run.
It's about keeping risks low. If there is a solution that's close enough
why not use that? That's what I am hoping for and where I now possibly
have one in sight. It would mean laying out the board to that enclosure
but that is no big deal. Once it flies another layout will be peanuts in
cost.
If you go all out and barge into the market the cost can be significant.
We had to do that on one device. A bit more mechanical but close. It
became a success but that company had to sink 1/2 million into it before
it turned a profit. That's not in the cards on this one.
Ask the VC what his budget is. And if he has any balls left. Like a good
scout
would ask
'tis not how it works anymore. Not since the dot-com bust. You have to
show them your numbers and then they tell you whether to stick around or
catch the next flight home. So, the numbers have to look good. Really,
really good these days.
Regards, Joerg