This Week in Startups

E1106: Desktop Metal CEO Ric Fulop shares insights from taking two companies public, traditional IPO vs. SPAC, future of Computer-aided design & more

Sep 8, 2020
Ric Fulop, CEO of Desktop Metal, shares his extensive experience in taking companies public, contrasting traditional IPOs with SPACs. He reveals the revolutionary impact of metal 3D printing on industries, discussing its efficiency and design flexibility. Fulop delves into the future of computer-aided design driven by AI, emphasizing sustainability and the transformation of engineering practices. Additionally, he reflects on the emotional journey of navigating the IPO landscape and the rising significance of SPACs in today's financial markets.
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ADVICE

Play the Long Game

  • Play the long game in life and business, treating everyone with respect and supporting them.
  • Build radical friendships and partnerships by going all in on relationships with your team and friends.
ANECDOTE

Joining Dyne's Board

  • Jason Calacanis was invited to join the board of Dyne, a company he knew through their DNS routing services.
  • Impressed by their profitability, he quickly agreed to meet and joined their board, where he met Ric Fulop.
ANECDOTE

Investing in Desktop Metal

  • Ric Fulop approached Jason Calacanis about a new venture, Desktop Metal, focused on 3D printing.
  • Despite knowing little about the field, Calacanis invested based on his trust in Fulop's abilities.
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