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Flying car companies fail
The biggest reason flying car and personal small airplanes fail is economics, not vehicle quality.
Most of these companies start with a small initial capital funding. They then print fancy brochures, take orders and advance deposits. The goal is to raise enough cash to produce the 1st round of vehicles. The plan requires the vehicles built, a profit for the investors and money for round 2.
But orders come in slowly. Capital is eaten up in marking and salaries. Many don't even end up with enough capital to do the 1st production run.
DeLoren made it through round run. They just couldn't keep capital flowing in to keep production going.
I was asked by an initial capital raiser to apply to be senior account. After reading their financials, marketing and production plans, it was obvious they would have trouble producing round 1
A lot of these are made with composite materials, that have to be made at one time. You have to mix a batch of chemicals and do it all at once. You have to produce a certain amount at one time. You can't make a batch for each vehicle.
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