More from the venture capital world
A few more recent examples of the mounting interest in the business and investment community in the potential for nanotech as "the next big thing":
- An brief segment in an article in the London-based Financial Times ("Will Silicon Valley become Nanotech Valley?", by Tom Forenski, 16 February 2002) quotes Tim Harper of CMP Cientifica, who, according to the article, says that "Although there are clusters of nanotechnology companies around certain universities . . . such clumping will eventually concentrate around sources of venture capital. And since Silicon Valley is the world's greatest concentration of venture capital, it could become an important seed bed for what will, at some point, be a massive industry."
- brianwang sent notice of an extensive article in HBS Working Knowledge ("Big Things Ahead for Small Technology" by senior editor Martha Lagace, 18 February 2002), a publication of the Harvard Business School, that urges cautious interest: "Nanotechnology could be the next big investment thing–maybe. Experts say smart investors would be wise to dip their toes into tiny technology, but not jump straight into the pool just yet." The article quotes venture capitalists Josh Wolfe [of Lux Captial], Jason Friedman [of JP Morgan], and others, who spoke at Venture Capital and Private Investment conference on 3 February 2002 at Harvard Business School. The article concludes with a quote from Friedman: ìYou have to pick the spots and places where you think there are good companies. Is [nanotechnology] an interesting technology? Absolutely. Could it be the next big thing? Maybe.î