Show notes
Alex sits down with Randy Altschuler, the CEO and co-founder of Xometry. Xometry is a publicly traded on-demand industrial parts marketplace based in Derwood, Maryland. Xometry's platform connects customers like BMW, NASA, Bosch, Dell and General Electric with contract manufacturers, which are often small domestic machine shops. The two discuss the founding of Xometry, contraction of manufacturing in the United States, and how the team at Xometry plans to scale the platform with its growing customers. 00:00 - Subscribe for Tech & Business News Daily 00:41 - Founding Xometry 02:52 - Using AI to Price Custom Products 06:21 - Xometry GMV vs Revenue 07:51 - Xometry's $260 Billion Market 10:17 - Approach to Corporate Development 12:04 - Growth of 3D Printing 14:14 - How Xometry is Solving the Chicken and Egg Problem 16:01 - Solving Supply Chain Issues During COVID 19:24 - International Supply Chain Complications 22:52 - Xometry Impact Fund Initiatives 24:42 - What Will It Take to Bring Manfufacturing Back to the U.S.? 31:52 - Large Scale Production on Xometry 34:52 - Supporting Small U.S. Manufacturers 36:46 - Closing Remarks Originally Aired: 08/27/21
