I made infant respiratory breathing circuits in one, and anesthesia breathing circuits in the second one. It got to the point one couldnt introduce a new produce UNTIL the fda approved it, and that could take up to 18 months. Not the place for an innovative company to prosper.

The FDA is very onerous. Now you have to go to a private company to prepare what they called a 510(k) application. God help you if your product is not something "substantially similar" to one already existing. That puts it into a the more stringent category.

Like Rearden, we want to produce in spite of the impediments and socialist state. The satisfaction of a job well done is one of life's greatest pleasures.

I just got hit with 25% tariffs on what I buy from china. Trump is essentially increasing the value of the juan to cut our imports from China one way or another. Trouble is we can’t compete with Chinese labor and costd

What kind of medical device companies did you have? My new one is going to make relatively inexpensive bioreactors and peripheral nerve grafts, as well as provide a tissue engineering test bed service.

I sold my two medical device companies after fda got involved. But I can’t sit around so I started another one but in off road industry

I was the Dagny of our company at the time, and he convinced me correctly that it was time to sell.

Great sign, BTW!

I am not ready to debut my new products yet, but despite my reservations about Trump, I think that the penalties for production are sufficiently small for me now.

I guess it will depend on the reception our product gets (grin). Seriously, I will not support the enemies of liberty and I'm not confident how to classify the current regime, yet. A lot will depend on whether the obvious enemies are adequately punished for their actions.

I haven't seen pinball machines there.

Used to collect pinball machines. The kind with many relays them.

Are you "un-shrugging"? I am.

My other partner is a retired electronic special effects expert for movies and tv. His basement looks like a junk store, but he has hundreds of caps and tubes he has picked up at "junk" stores in LA. We are using some of them for evaluating the best brands and parts to use in our pre-amp design. We should have a couple of prototypes ready by September.

I come up with the idea first and then scrounge through my friend's junk shop to figure out how to turn the idea into a reality.

My business partner loves such "junk" shops. He comes out with ideas for new inventions frequently after he shops in one.

https://www.ebay.com/sch/m.html?_nkw=...

Been buying and refurbishing some favorite vintage audio components for some time now. Only 2 amplifiers to repair and 1 to refurb at present. ;^) One man's junk is another's treasure.