VCs Dabble, Dither & Diversify

The Wall Street Journal has an interesting article about how “with their core business in shambles, some venture capitalists are changing their stripes, styling themselves as investors in distressed assets and public companies.” Here’s why: Start- ups today take a median 6.6 years to go public or get sold, up from 5.4 years in 2005, according to research firm VentureSource. …

Should the VC Model Retire Gracefully?

Umair Haque, whom I’ve referenced before, has a nice post echoing some of the sentiments expressed here and at a growing number of other places – namely that a new economy needs both new financing models and some more creativity. In Yorkshire we’d say it was a clapped out old nag that was only fit for the knackers yard, but …

Why VCs Hate Science

Georges van Hoegaerden has an interesting comparison between how the venture capital model is supposed to work (the Vinhod Khosla model), and how it actually works (the Subprime VC model) these days – as illustrated by the charts below. It’s a nice comparison and neatly illustrates how the low risk subprime model forces VCs to invest in technologies where much …

Time Catches Up With Technology VCs

It appears that reality is catching up with the Venture Capital industry – albeit slowly. While similar numbers of deals are being done to ten years ago, the IPO window is firmly closed (to use a VC cliché). мебели варнаAverage Time to IPO 1998    3 years 2008    9 years Number of Companies Funded: 1998    1,896 ($14.0B invested) 2008    1,930 ($14.1B …

Building a .-tech economy from the ashes of the current one

Thomas Friedman in this weekends New York Times echoes my recent thoughts on how to get us out of the credit crunch recession: As we invest taxpayer money, let’s do it with an eye to starting a new generation of biotech, info-tech, nanotech and clean-tech companies, with real innovators, real 21st-century jobs and potentially real profits for taxpayers. Our motto …

Out of the Lab

I have long been a fan of the mathematical modelling of materials – it does seem to offer a number of ways to both optimise existing materials and rapidly develop new ones. A growing number of chemists are now suggesting that their time would be better spent working on a computer than fiddling around in the lab, but I’ll keep …

Let A Million Flowers Bloom

Given the global gloom emanating from all sources, it was at least nice to see that our little bit of the world, nanotechnologies, got a mention in Davos and Andrew Maynard who is also on the nanotechnologies council with me has the background details here. However, I’m still a bit worried that most discussions about nanotechnology tend to focus on …