Meetings!

Today was a day of meetings.  In the morning, we chatted about improving our company’s formal documents, since we now have a few people who might want to fund us, and in the afternoon, one of our fab reps came to visit.  As expected, they didn’t offer better pricing or better terms.  We’re just too small for them now.  The only way to get better pricing or terms is to put more wafers through their fab.  Their policies, which are extremely rigid, won’t allow any flexibility for startups.  They can’t/won’t work with us, thanks to an iron-fisted CFO.  Still, I was excited about the visit because it was my first time meeting one of my main vendor contacts.  I had been doing business with her for the last twelve years; and across three companies (it’s only been in the last few years that she has been able to travel from China, and I still have never been to their facility… as layout people and vendor manager people rarely travel).  If she were at all able to help me, I know without a doubt that she would have.