Nanotech Investing: You Can Lead A Horse to Water, But You Can’t Make It Drink

The “Ten Years of Nanotechnologies” report with the best the worst and the funniest bits of the last decade is progressing, throwing up a number of gems as we trawl the archives. Here’s what we said in January 2001:

We’re going to make just one prediction, which is that the use of the word nanotechnology will see explosive growth in the coming year. Unfortunately, most of this growth is likely to represent bandwagon-jumping. Lets just hope that investors have learned the lesson of the dotcoms and that the flow of capital into nanotechnology-related ventures is more of a sober reflection of the true potential in the field, which, though vast, is not about to all come to fruition this year.

Proof of the old adage that you can lead a horse to water, but you can’t make it drink!

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