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Nano Financiers Aim to Reinvent Seed Funding Through Tech Transfer
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"There’s a lot of people who want to get in early and try to make a big hit," says Arrowhead Research CEO Bruce Stewart.
Private funding works a certain way. Entrepreneurs bootstrap their moonlight tinkerings into small startups. They raise early financing from friends, family and angel investors. They go to venture capitalists. But a couple of companies actively funding nanotech are not so certain that’s the best way after all.
Instead, they are breaking the rules and raising money on public markets to sponsor university-level research in hopes of spinning out nano startups. These early stakes, they claim, will help them and their investors profit the most if they strike pay dirt.
By David Forman
Small Times Associate Editor
Full Story: http://www.smalltimes.com/document_display.cfm?document_id=10821
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