Home > News > Amid Confusion, Nanotech Industry Awaits Boom
September 25th, 2007
Amid Confusion, Nanotech Industry Awaits Boom
What has been lacking is a wave of nanotech initial public offerings, which would herald the industry's arrival to investors. The disappointing pace of deals in the sector reflects problems in the IPO market, according to Mr. Harris, as much as the sometimes confusing evolution of nanotech products.
Last year only 56 venture capital-backed companies went public in America, down from 250 in 1999. Venture capital has been upstaged by private equity in recent years, in part because the latter sector has profited better from the liquid credit markets. Private equity deals have become increasingly leveraged and have consequently produced outsized returns for investors, while venture capital firms have traditionally been loath to add to the already risky nature of their investments by borrowing. Also, the huge and ultimately catastrophic boom in technology venture capital in the late 1990s left a distinctly sour taste in the public's mouth. Needless to say, the current seizing up of the credit markets could change the playing field.
Elsevier Business Intelligence (EBI) to Host 'IN3 Medical Device 360 Boston,' June 24-26, 2013 May 20th, 2013
Aspen Aerogels Announces $22.5 Million Private Placement May 18th, 2013
Harris & Harris Group Notes the Sale of a Second D-Wave Quantum Computer May 16th, 2013
Nanometrics Announces Upcoming Investor Events May 14th, 2013
International survey supports need for built-in water protection on smartphones and tablets May 21st, 2013
Rice unveils method for tailoring optical processors: Arranging nanoparticles in geometric patterns allows for control of light with light May 21st, 2013
Nanoparticle Harnesses Powerful Radiation Therapy for Cancer May 20th, 2013
Microneedle-Delivered Nanoparticles Boost Antitumor Vaccines May 20th, 2013