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Age should never be an issue for going out of business. The formula for creating the devices can be handed down to apprentices. The only reason I see for a going out of business is economic feasibility.
Ford, Ferrari, Porsche, Marantz are still in business. The founders are long gone.
I was approached a year ago by a guy that builds speakers. He is a one-man shop. He appeared to be in his fifties or older. It was serious concern of mine that if the guy got sick or died that there would be no recourse for me should I ever need some sort of support or service. The guy makes a good product, but I declined to buy because he was a one man show.
In the past I'd seriously considered a set of the flagship VMPS speakers. It seems out of nowhere I read that the owner had died. The website for VMPS went dark and poof it was gone forever. Before I spend big money on an item, I want to make sure there is a successor in place should I need support in the future.
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