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Re: ALL 23,500 SEGWAYS RECALLED
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Originally Posted by KenWittlief
Following a normal business model you would not expect a new company to make any profit for the first 5 years - those years are 100% investment in the new technology and startup costs.
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Gee, Ken, is five-years-before-profitability the norm where you work? It sure isn't where I work.
Dean and the Segway investors are visionary people and they are not lacking in financial wherewithal, but five years is still a long time to wait for an expensive idea to become profitable.
__________________
Richard Wallace
Mentor since 2011 for FRC 3620 Average Joes (St. Joseph, Michigan)
Mentor 2002-10 for FRC 931 Perpetual Chaos (St. Louis, Missouri)
 since 2003
I believe in intuition and inspiration. Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution. It is, strictly speaking, a real factor in scientific research.
(Cosmic Religion : With Other Opinions and Aphorisms (1931) by Albert Einstein, p. 97)
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