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Home > News > KP's Khosla Pulls No Punches, Slams Plans for Nanosys IPO

June 8th, 2004

KP's Khosla Pulls No Punches, Slams Plans for Nanosys IPO

Abstract:
Vinod Khosla, one of the industry's most respected technology investors, has warned of an impending nanotechnology "bubble" and criticized plans by venture-backed Nanosys Inc. to become the first publicly traded nanotech company. Khosla, a general partner at Kleiner Perkins Caufield & Byers, made the comments at the MIT/Stanford/UC Berkeley Nanotechnology Forum at Stanford University on May 27. "It's a shame [Nanosys is] going public because I don't think they are in a position to be predictable enough," he said. (Editor's note - read Nanosys: To IPO or Not to IPO? Is That the Question? for more)

Source:
Private Equity Week

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