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Harris & Harris Group, Inc. Message Board

  • gulloverwater Sep 21, 2007 12:36 PM Flag

    Why NanoOpto Failed Article

    Interesting article in small times this month. Nanoopto was a nanoimprint lithography company that raied 50million in VC money (TINY included). Lux Research called it the #1 nanotech startup. This yr nanoopto liquidated and was sold at fire actuion to API.

    The reason the article states for failure was that the time frame for real revenue was too far away (sounds like alot of nanotech cos btw). "It takes years to penetrate markets and they ran out of runway". TINY's Jaimson stated" this is clearly not a homerun but they did a fantastic job of developing technology and people will see value in the technology as API pushes it forward"

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