Printing Money Episode 10: Ric Fulop, Desktop Metal (Special Bonus Episode)


Share this Article

In this bonus episode, Alex and Danny interview Ric Fulop, co-founder and CEO of Desktop Metal. Desktop Metal has recently concluded merger talks with Stratasys after a shareholder vote led to a termination of the deal. In this interview, Ric dives into his motivations for the merger, and shares much of the background context on Desktop Metal’s history with Stratasys, plus other players such as Nano Dimension and 3D Systems. Additionally, Alex and Danny dive into some of the history around Desktop Metal, Ric’s move from VC back into the entrepreneurial world, his thesis for forming Desktop Metal, motivations for the SPAC, and the acquisition strategy thereafter.


0.00: Intros


3.56: Ric’s background and DM’s history


11.20: Development and launch of DMs Production System


15.45: Ric’s move from VC to Founder


17.50: DMs fundraising prior to their SPAC


22.05: The reasons DM listed via a SPAC


26.45: DM’s acquisition strategy and early talks with ExOne


28.07: DMs initial offer to acquire Stratasys in January 2021


31.26: DM’s acquisition of EnvisionTEC and Adaptive3D


34.39: Nano Dimension’s offers to acquire Desktop Metal


38.25: 3D Systems offers put to Stratasys


39.14: Termination of merger with Desktop Metal and Stratasys


40.55: Did Stratasys shareholders make the wrong decision?


45.17: Latest DM financials and cost savings


48.35: Integration strategy of DM of the acquired companies


51.55: What will Nano Dimension, 3D Systems and Stratasys do next?


54.32: Potential for another Desktop Metal merger in future?


55.50: Any future Desktop Metal acquisitions?


57.55: Wrap-up


Share this Article

Recent News

Europe’s New Rocket Set to Launch Polymer 3D Printing Technology into Space

Senators King and Collins Advocate 3D Printing Adoption for Department of Defense


3D Design

3D Printed Art

3D Printed Food

3D Printed Guns

You May Also Like

World’s Largest Polymer 3D Printer Unveiled by UMaine: Houses, Tools, Boats to Come

The University of Maine has once again broken its own record by unveiling the largest polymer 3D printer in the world. Surpassing its 2019 achievement, the new Factory of the...


Changing the Landscape: 1Print Co-Founder Adam Friedman on His Unique Approach to 3D Printed Construction

Additive construction (AC) is much more versatile than it seems, at first: as natural as it is to focus on the exciting prospect of automated home construction, there’s far more...


US Army Corps of Engineers’ Megan Kreiger on the State of Construction 3D Printing

Despite last year’s gloomy reports about the financial state of the additive manufacturing (AM) industry, there’s no doubt that we’re actually witnessing the birth of a sector rather than its...


Profiling a Construction 3D Printing Pioneer: US Army Corps of Engineers’ Megan Kreiger

The world of construction 3D printing is still so new that the true experts can probably be counted on two hands. Among them is Megan Kreiger, Portfolio Manager of Additive...