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Home > News > Silicon Valley faces eastward to catch government gold dust

September 4th, 2003

Silicon Valley faces eastward to catch government gold dust

Abstract:
Silicon Valley is fabled for its ability to build companies around esoteric technologies. But the uncertainty involved in nanotech investing is forcing many Bay Area firms to take a spot in Uncle Sam's queue. But why would Silicon Valley's libertarian technocrats anoint the slow-moving federal government as a nanotech savior? After all, high-profile companies like Nanosys Inc. and Nanomix Inc. have drawn tens of millions in venture capital.

Source:
SmallTimes

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