For those newbies, Bob Herring was the perfect example of good timing, building up and selling not one but two board shops. The first, Industrial Circuits, was sold in 1989 for $60 million. The latter one, Herco Technology (which we profiled multiple times in PC Fab), went for $122 million in 2000, just a year before the tech crash. (The buyer of Herco, Teradyne, closed it less than two years later. The former Industrial Circuits lasted less than one year longer before Toppan shut the doors.)
In case you were wondering where Bob went, well, he started his own network cable news channel. It now is televised in some 30 million homes.
