Solyndra, and investment

I have a new Murphy’s Law. If a company builds a fancy corporate headquarters and plant before it makes a profit then it is a bad investment. We saw the photos of Solyndra’s HQ – and some years ago saw the same thing with the “dot coms”. The difference is that the dot coms wasted investor’s money on saunas and gyms at the HG – Solyndra wasted tax payers money on the same.

Apple was different, the product sold before the HQ was built. I know a bit about it, a friend and college classmate was the seed money that nurtured the company in its early years. He took them public when they had a working, and selling, product. In the nineties the investments were on concept, not substance. The same applies now to the “green” companies. Make a product first, then build the HQ.