Our Point of View (POV): From Sigma Design Company, LLC
We applaud the hedge funds and private investors who are brave and smart enough to invest today for the technologies of tomorrow. Early stage technologies, which historically had the highest risk profile, now have a better outlook given the stagnant macroeconomic environment.
As everyone knows, traditional safe industries have been whacked the past few years and others may be on the brink of new unknown disasters. At least many people are sitting on the sidelines on their cash and their backsides. However, these once conservative plays in steady state businesses are no longer your dad’s (or mom’s) blue chips – and most have very little upside potential. On the other hand, investments in R&D for emerging technologies and new product development have enormous upside potential with the right mix of success factors and players.
More importantly, investing in U.S. based entrepreneurship and new product engineering provides, and importantly grows, local know-how and good living wages. These are both critical assets that are fundamental to any sound economy and nation and also important for our families and neighbors. So big kudos to those with the guts to go for the glory of spurring new technology commercialization and local engineering services and manufacturing in New Jersey USA during these uncertain times.
Onward and upward!