asks Dexter Gaston, president and CEO of LabTrader in Vista, Calif. "I'm a godsend to venture capitalists and startups."
Gaston's company, and others like it, are also prized by academic labs.
"All the used equipment that I buy has to be of very high quality," says Gaston
, who often travels around the country to inspect items that he's
A thermal cycler, for example, would have technicians checking how the temperature ramps up and down, and running through the manufacturer's self-diagnostics, Gaston
, the refurbishing process also involves a cleaning and other sprucing up before the item is ready for customers.If the previous owner didn't provide the user's manual, technicians retrieve it from the Internet and put it together with the item in a box so that it looks "brand new," he says.
"My policy is that if I can't provide a warranty, then I have no business selling it to you," Gaston