........................................................................
Phillip_McCavityhttps://blog.adafruit.com/2025/05/08/hi … -36k-bill/
We’re no stranger to tariff bills, although they have definitely ramped up over the last two months. However, this is our first ‘big bill’, where a large portion was subjected to a 125%+20%+25% import markup. Unlike other taxes like sales tax where we collect on behalf of the state and then submit it back at the end of the month, or income taxes, where we only pay if we are profitable, tariff taxes are paid before we sell any of the products and are due within a week of receipt which has a big impact on cash flow.
In this particular case, we’re buying from a vendor, not a factory, so we can’t second-source the items (and these particular products we couldn’t manufacture ourselves even if we wanted to, since the vendor has well-deserved IP protections). And the products were booked & manufactured many months ago, before the tariffs were in place. Since they are electronics products/components, there’s a chance we may be able to request reclassification on some items to avoid the 125% ‘reciprocal’ tariff, but there’s no assurance that it will succeed, and even if it does, it is many, many months until we could see a refund.
We’ll have to increase the prices on some of these products, but we’re not sure if people will be willing to pay the higher cost, so we may well be ‘stuck’ with unsellable inventory that we have already paid a large fee on.
........................................................................
adafruit said that?
........................................................................
SpankyI don't know how much of that blog that she (Ladyada) writes, but she is a very interesting person. Sort of proving wrong everything baggers say about operating a business. Her business is profitable, and she is wealthy, despite being generous with her employees, their community, and their customers.
........................................................................
Spanky wrote:
I don't know how much of that blog that she (Ladyada) writes, but she is a very interesting person. Sort of proving wrong everything baggers say about operating a business. Her business is profitable, and she is wealthy, despite being generous with her employees, their community, and their customers.
The money and 99% of the effort will have come from a man or men, count on it.
........................................................................
Spanky wrote:
I don't know how much of that blog that she (Ladyada) writes, but she is a very interesting person. Sort of proving wrong everything baggers say about operating a business. Her business is profitable, and she is wealthy, despite being generous with her employees, their community, and their customers.
Baggers support freedom in business. Unlike the regulation mad democrats.
........................................................................
Are you going to bail her out, Phil? It would be the right thing to do.
........................................................................
HeekeeLet em choke on the inventory, its time to end slavery for real
........................................................................
Spanky wrote:
I don't know how much of that blog that she (Ladyada) writes, but she is a very interesting person. Sort of proving wrong everything baggers say about operating a business. Her business is profitable, and she is wealthy, despite being generous with her employees, their community, and their customers.
Ada Lovelace did literally nothing. Wolfram did a good study on her, you can look it up. Charles Babbage did everything, made the engine and Lovelace went around telling people how great it was. Babbage programmed it and Ada took one of the programs and modified it as an example. She wasn't the first computer programmer, she was just a fan girl.
https://writings.stephenwolfram.com/201 … -lovelace/
Adafruit is a small company started 20 years ago by Limor Fried in her dorm room at MIT. It is still a small niche company with total revenue around 45 million, which is almost nothing for a 20 year old company.
An average home depot store, for example, has revenue of over 70 million a year.
it is basically a complete failure and is a break-even business worth nothing.
........................................................................
Heekee wrote:
Let em choke on the inventory, its time to end slavery for real
But the GDP!
\
........................................................................
Spankywrote:
Ada Lovelace did literally nothing. Wolfram did a good study on her, you can look it up. Charles Babbage did everything, made the engine and Lovelace went around telling people how great it was. Babbage programmed it and Ada took one of the programs and modified it as an example. She wasn't the first computer programmer, she was just a fan girl.
https://writings.stephenwolfram.com/201 … -lovelace/
Adafruit is a small company started 20 years ago by Limor Fried in her dorm room at MIT. It is still a small niche company with total revenue around 45 million, which is almost nothing for a 20 year old company.
An average home depot store, for example, has revenue of over 70 million a year.
it is basically a complete failure and is a break-even business worth nothing.
Liar.
The $45M number is from 2016. Almost a decade ago.
........................................................................
wrote:
Are you going to bail her out, Phil? It would be the right thing to do.
Single mom is about to tighten her belt.
........................................................................
As an outsider, I decided to research this topic:
I googled "Ladyada"
Up popped Limor Freid.
And 10 pictures of what is best described as SJW.
53 pictures of pink hair.
I quit researching there. 99% of normal humans would have the same reaction.
Closed google. Forgot her name. Will forget this thread shortly.
........................................................................
Sockpuppetwrote:
As an outsider, I decided to research this topic:
I googled "Ladyada"
Up popped Limor Freid.
And 10 pictures of what is best described as SJW.
53 pictures of pink hair.
I quit researching there. 99% of normal humans would have the same reaction.
Closed google. Forgot her name. Will forget this thread shortly.
She’s a lot wealthier than you.
........................................................................
Sockpuppet wrote:
She’s a lot wealthier than you.
When we both get to hell, we will both have an equal amount of money.
........................................................................
anon user #3I mean it is pretty ironic. They elected Trump because of inflation. So what does Trump do? Within 100 days he raises the price for a lot of good 25%+. If Biden did this, the Baggers would be declaring 1776 and tarring and feathering him in the streets.
........................................................................
Previous | First | 1 | Last | Next