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November 2nd, 2007
Profiting From His Inner Geek
Abstract:
At least that's the hope, but others are not as sanguine. Jurvetson has been an especially visible booster of nanotechnology, the science of fabricating new products at the atomic and molecular levels. Among other things, he has spoken on panels, gone to Washington to lobby for research funds, and talked up the field's potential in the press. His company has also invested approximately $100 million in 30 nanotech-related companies. But so far, nanotech remains an area with potential only, with no hugely profitable nanotechnology firms having been started yet.
"To me, he has become Mr. Nanotech," says Lawrence Aragon, editor in chief of Venture Capital Journal, a trade publication, of Jurvetson. "If there's a big winner in there, he will be totally validated. But that's the trick with V.C. You can be right about a technology, and your timing could be completely wrong."
Source:
portfolio.com
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