An article in today’s Wall Street Journal illustrates the effect the credit crunch recession is having on Venture Capital portfolios. John Steuart, a Claremont Creek managing director is quoted as gleefully saying “The portfolio is competing against itself and it’s survival of the fittest. It’s brutal” Here’s the problem for all of those game changing nanotech companies still struggling to …
Credit Crunch or Creative Destruction
In October 2008, I was asked at the World Economic Forum along with other experts to address the main challenges facing nanotechnology. While environmental, health and safety concerns had been the preoccupation of many for 2008, this question posed by the WEF combined with the world economic crisis led me to consider the challenges of funding and commercializing of nanotechnology …
Sailing Through The Credit Crunch
Following hot on the heels of Nanosight’s recent successful fund raising comes news of another UK nanoparticle related company attracting a significant amount of capital. On the other hand, there are a number of high profile failures taking place at the moment, and that will only increase. Michael Copeland at Fortune wrote an excellent and much quoted piece called “Venture …
Nanodynamics Files For IPO, Ignores Global Stock Market Metltdown
If at first you don’t succeed….Nanodynamics, one of the raft of diversified nanotechnology companies under pressure from investors to get an exit of any kind, have announced that they will be the first nanotechnology US company to be listed on the Dubai International Financial Exchange (DIFX). You have to question the sanity of both the management and their advisors as …