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August 10th, 2004

Nanotech Needs More Baking

Abstract:
Nanosys withdrew its highly anticipated IPO last week, and that's a good thing. The $100 million offering was supposed to do for the nascent nanotechnology industry what Netscape did for the Internet: announce its arrival to the world. Instead, the move should make it clear that investors aren't quite ready to publicly fund nanotech companies. (more on earlier article)

Source:
business2.0

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