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  • why did my company get bought and then sucked dry by this # / # company?
Because: my company actually made a real product. Sure, we had it built overseas (had to, because there are no US manufacturers worth anything these days. and the USA doesn't make chips). But we designed it, we maintain the software on it with US-based developers - used to be in house just a few years ago. But this vampire company that bought our company doesn't make anything - they # products made by other companies. They were even # our product at one time.

So because my company actually made something, we also had to comply with the # for this product. Which means we have to document our testing for every software upgrade. It's a whole process that takes a team (I was on the testing team) quite a while to perform. There are 24 hour tests, battery tests, cold tests, heat tests, RF interference tests, and tons of code tests and scenarios. If you're a vampire company, you don't do any testing.

And when you look at what the cost per customer is, our margin is slimmer than a vampire company because of the overhead: we have a team of engineers, designers, testers, regulatory folks, shipping, refurbishing, legal, complaint handling - all of this to comply with the FDA. This all increases the cost per customer quite a bit.

Now you might be asking, what is a vampire company? well, # is one. They used to produce hand-drawn cartoons like Little Mermaid, and the Aristocats, Snow White, etc. Now they don't produce anything (but crap). They spend their time buying their competitors: Star Wars, Marvel, pixar, what-have-you: they don't actually produce anything anymore, they just buy the ones that ARE producing. and then build an amusement park in their honor, while they destroy them with the #.

The # in the # actually favor these vampire companies: The vampire company can actually sell a known defective product because they can always blame the manufacturer if there's a problem. And the manufacturer can just admit "we have a few defective issues", take the slap on the wrist, and move on.

Imagine the profitability of a vampire company that has no overhead - no engineering department, no # department, no # department, and no # department - Everything they do is done overseas -the only thing they have in the USA is a sales team. The cost per customer is really low in this case - but the customer is getting screwed over with a crappy product that no one has to take responsibility for.

It is crazy where we've ended up as a country.