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"If indeed $1 billion is poured into nanotech and the majority of it is dispersed as first-round investments of, say, $5 million, that would mean 200 new businesses would get funded this year--nearly 4 per week. VCs typically fund 1 out of 100 business plans they read. But let's say VCs are falling over themselves to fund nanotech to the tune of 1 out of 20. Does anybody really believe that there will be 4,000 nanotech business plans forthcoming this year?"
" . . . nanotech boosters are getting ahead of themselves. 'There appears to be a slight disconnect right now between the projections and the reality of nanotech . . . You can only define market research when you can define the market. We're not there yet with nanotech. It's a joke to predict market size until then; you can't just aggregate, or you get these wildly inflated estimates that in the end will not help the field.'"
3:06:47 PM Google It! 
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