On 7/12/2014 8:25 PM, Lynn W. Taylor, WB6UUT wrote:
2) Elecraft exists first and foremost to do really great stuff. Engineering runs the shop, and as long as there is enough profit to cover the costs and keep everybody reasonably happy (including Wayne and Eric), then they're perhaps the most successful Amateur Radio Transceiver company since, well, forever.

I'll cite another example of a great company owned and managed by an engineer -- Dolby Labs. That fact made them extend development projects "for as long as it took," often for many years, far beyond the time most Harvard Business School types would have cancelled them. One of those projects was Dolby surround for cinema and home systems.

About ten years ago, I heard Ray Dolby give an invited lecture to the AES, and his talk was about the history of the management of that company. It is a manifesto for technical companies being managed by people who understand the technologies involved, and the market for them. Eric and Wayne epitomize that philosophy! They probably won't die as rich as Ray Dolby did, but I'm sure they'll die equally happy!

73, Jim K9YC

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