I build factories that bring manufacturing back to America.ย ๐บ๐ธ
I've commissioned about 30 factories. Not PowerPoints about factories. Not tweets about factories. Actual factories, standing next to the owner when we press the button to turn them on.
Here's how we win:
100 electric hydrofoil boats.
A ~$100M contract.
We are building a first-of-its-kind water transit network to transform how people move across the Maldives.
To scale this, we are partnering with Dubai-based JIH and its Maldives affiliate HARIM, led by Mohamed Ali Janah โ a team with a 40-year track record of building the regionโs premier resorts and launching the newly licensed Maldives Premier Bank.
Deployment of the first fleet starts later this year.
@MichaelGuimarin@samanfarid For smaller manufacturers they can access 4-5x EBITDA. Or for acquisitions of assets maybe 2-3x revenue.
Key Bank knows whatโs up.
Office Update 4 - Baby Inspection
The @ChangRobotics HQ is closing in on completion and calling for โCOโ this month (certificate of occupancy)
Before the inspectors came in I took baby girl Chang on a walk thru to see if she could find any issues.
@AJA_Cortes Can I lead a manufacturing team from my tiny office in San Francisco and manage using trendy marketing and hype videos?
Asking for a friend.
@LetsBuildUSA@ChangRobotics Creativity is the name of the game !
Yes we will have very good feng shui before itโs all over. Natural light, plants, and a place for people to put their fixies and surfboards
@samanfarid Bank loans require equity (down payment). I donโt see a problem with venture funds investing in manufacturing, but I can tell you their underwriting is sorely lacking.
And Venice needs to understand they will mostly be in 2nd position behind the debt holders
Living at the beach!
Chang Kids roll into surf camp. Lots of talk about water safety on this app, and rightly so. Surfing solves the swimming issue for kids, because the kids learn how to remain calm in the water. Some pics below! ๐งต