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"They had product shortages across a number of lines," he said.
It even had product placement for its leading man's vehicle of choice, the Hummer.
But only a few artists had product lines of their own.
Solyndra said it had sold more than $250 million worth of modules, but it has had product delays and management changes.
"We just wish we had product right now, because we could sell a gazillion of them," he says.The ironic result is that the biggest beneficiary so far of the trend toward distributed generation is probably an old-economy company: Caterpillar, the world's biggest manufacturer of diesel generators.
"They had product concentration, and so Mr Market looks at that and says, 'Hey, you know, is that a one-trick pony?' But when we looked at King, we saw four great franchises with lots of potential, one super franchise, and a fantastic pipeline.
Similar(43)
"He had products I had never seen before.
It arguably had product-market fit from launch, yet still took 19 months to reach the first outside round.
"But we do have product".
People know Max Factor and Bobbi Brown, but only because they have product lines.
"I said, 'but do you guys have product?'" he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com