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Home > News > Q2 report: funding data strong despite weaker IPO market

August 25th, 2004

Q2 report: funding data strong despite weaker IPO market

Abstract:
Despite a weakening stock market and the withdrawal of a high-profile nanotech IPO, don't expect the pace of small tech investment to slacken much. At least, that's the message from investors, industry experts and the second quarter's venture funding data. "Short term, it confirms that we are in a bear market, and the IPO window is closing for early-stage companies," said Charlie Harris of Harris & Harris Group about the early August IPO withdrawal of Nanosys, a Palo Alto, Calif., startup that had planned to go public.

Source:
SmallTimes

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