There are some extraordinarily fine companies located in surprisingly out of the way areas. I once sold a company for a million dollars that was run by a husband and wife out of their home, a double-wide trailer, in the hills of far northern
The company I visited this time makes a little more sense, being located in a relatively remote area but one that is well know because of the local universities.
At first I was worried that it was too dependent on the founder, a common problem with any mid-sized company, and especially true of a company with a complex set of products and services as this one has. Fortunately, the founder anticipated this, and has been working for the last four years to create a management and technology layer that would supplant him, and allow him to work on “skunk works” projects that help position the company in the future as a world-wide player.
I enjoy flying out to visit companies like this (click here to read a blog post about the flight), and I enjoy working with them on the sale of their company. I know I’ll work with some fine companies in LA and the SF bay area, but flying out to somewhere new and unique and finding a gem is always a treat.