Why You Decide to Sell a Successful Company
Ping Fu, author of Bend, Not Break, founder and CEO of Geomagic, and incoming chief strategy officer at 3D Systems , tells the incredible story of her struggles as a child.
Ping Fu is an incredible innovator, and the assets that she and her company, Geomagic, will bring to 3D Systems could be huge. 3D Systems is at the leading edge of a disruptive technological revolution, with the broadest portfolio of 3-D printers in the industry. However, despite years of earnings growth, 3D Systems' share price has risen even faster, and today the company sports a dizzying valuation. To help investors decide whether the future of additive manufacturing is bright enough to justify the lofty price tag on the company's shares, The Motley Fool has compiled a premium research report on whether 3D Systems is a buy right now. In our report, we take a close look at 3D Systems' opportunities, risks, and critical factors for growth. You'll also find reasons to buy or sell, and you'll receive a full year of analyst updates with the report. To start reading, simply click here now for instant access.
The following transcript is lightly edited.
Brendan: So you built Geomagic into a successful company and recently decided to sell it to 3D Systems. Why did you decide to sell?
Ping: I didn't. I wish I could run it forever, but we do have investors in the company and 3D Systems and Geomagic have a long history. I've known them since I started my business, and I've known Avi [Reichental], their current CEO, for 10 years now. I think right now is a taking-off period for the 3-D printing's market and also for advanced manufacturing. It's not just for 3-D printing; it is for any type of on-demand manufacturing I'm really interested in helping. I think 3D Systems provides a great platform for me to push the envelope, and Geomagic standing alone doesn't quite give me that platform to do it.
The article Why You Decide to Sell a Successful Company originally appeared on Fool.com.Brendan Byrnes has no position in any stocks mentioned. The Motley Fool recommends, owns shares of, and has options on 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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