As the Global Covid-19 Pandemic changes the landscape of business globally, we have examined multiple options. One that keeps rising to the top is changing the business ownership to allow our patrons and staff to share in the company’s ownership. This would be accomplished via an equity investment round where we raise the needed capital from our patrons on Start Engine, or other crowdfunding sites.
We are currently investigating options in this regard, and if we can make it happen, we will re-launch the Sunnyvale location as an employee and patron-owned business. Rather than moving the company to a new place, building a new facility at a new site from scratch would be simpler. And so, the Sunnyvale location is anticipated to be a separate entity from our future home. Fully owned and operated by the staff and patrons.
Like the proverbial phoenix rising from the ashes of the Global Pandemic.