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July 21st, 2004
Nano takes to the street: second IPO ready to go
Just two short years ago, the idea of a micro- or nanotechnology company going public was, well, wishful thinking. Reality was otherwise: There were fewer than 100 IPOs in 2002, a mere 22 of them venture-backed, compared to nearly 500 in 1999. In short, it was not the right environment for early stage technologies. At the time, investors and entrepreneurs were forecasting upwards of three to five years before a viable IPO window would open.
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