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September 22nd, 2005
Analyst defines 'successful' nano play
Venture capitalists shopping for potentially lucrative nanotech businesses should keep a close eye on startups that are manipulating molecules and atoms to improve existing products rather than creating new ones, a top industry analyst said yesterday.
"What makes a successful nanotech investment? One is not to introduce completely new products but to decisively introduce existing ones," said Matthew Nordan, vice president of U.S.-based Lux Research.
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