EPISODE · Jun 10, 2024 · 25 MIN
CEO Wes Smith talks about taking this small Siemens spin-off from semiconductors to microchips
from Bootstrapped : The Lighter Side - The Podcast For B2B SaaS Founders · host Lighter Capital - We Help Startups Grow
Galaxy Semiconductor isn't a new company, but it is a startup. Founded in 1998, Galaxy was bootstrapped for many years before it was acquired by Siemens in 2016. Four years later, Siemens divested the company in a management buyout. Wes Smith (employee #7) was running the small business within Siemens before it became independent again — he naturally took on the role of CEO and led Galaxy into its next phase. In this episode of Bootstrapped, Wes talks about moving upstream into chip manufacturing, funding a new technology stack and getting it to market, the value of a consistent sales process, Rolodexes, and more.
What this episode covers
Galaxy Semiconductor isn't a new company, but it is a startup. Founded in 1998, Galaxy was bootstrapped for many years before it was acquired by Siemens in 2016. Four years later, Siemens divested the company in a management buyout. Wes Smith (employee #7) was running the small business within Siemens before it became independent again — he naturally took on the role of CEO and led Galaxy into its next phase. In this episode of Bootstrapped, Wes talks about moving upstream into chip manufacturing, funding a new technology stack and getting it to market, the value of a consistent sales process, Rolodexes, and more.
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CEO Wes Smith talks about taking this small Siemens spin-off from semiconductors to microchips
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