Earlier quoted context omitted.
US demand and overseas markets can't cancel out Supply and Demand and market forces. - Chalk is on it's way out. It's a rapidly shrinking market. Each year there will be less customers and less profit world wide. - He could have sold the machine to another entreprenuer? Their company makes 45 MILLION sticks of chalk. They're getting their materials at a high bulk discount. Another company can never match the price po…
> Chalk is on it's way out. It's a rapidly shrinking market. I am a math professor. Most of us prefer chalk, and have no desire to go to whiteboards, smart boards, Powerpoints, what have you. I think that there is a fairly durable market for chalk. Moreover, over the last five years I think that awareness of Hagoromo (and more generally, of high-end chalk) has been growing. You see it for the first time when visiting…
I agree that there is a durable market for chalk, but not at this kind of volume.