Cruel to be Kind in Nanotech Investment Advice

Some investment advice in emerging technologies timed for the holidays

2 min read
Cruel to be Kind in Nanotech Investment Advice

Sometimes you have to be cruel to be kind. In Tim Harper’s latest whitepaper “How To Make Money From Emerging Technologies” there is much scathing criticism of the nanotech-investing endeavor thus far (much of it highly deserved) that borders and sometimes exceeds the line of cruelty. But the ultimate aim is to correct the bad practices of the past and bring in some better ones by way of helpful suggestions for nanotech investment.

The position piece timed for the holidays offers friendly advice for various investing groups, namely: governments, businesses and the investment community. The recurring themes are not that new, and follow along the lines of ideas such as common sense should be a guiding principle rather than hype, investment in companies that do not produce a higher value item beyond a nanomaterial will eventually crash and be prepared for the long haul when investing in an emerging technology.

Harper, the Enfant Terrible of Nanotech, really makes his best points (or at least the most entertaining ones) in identifying the myriad problems of nanotech investment to date. Such as in the government investment advice section in which he offers a way to create more spin-outs:

"Create more spin-outs. Easy to say, but how much time and effort is wasted by governments in supporting small technology-based businesses when very few of them actually exist. The usual bunch of professional project managers who haven’t moved technology forward one iota in ten years will suck up any government cash. A system of small, no strings attached grants for technology-based start-ups would encourage university spin-outs and support them through that difficult first year of product development. We are talking about tens of thousands of pounds, not millions."

But my favorite piece of advice in the same government investment section offers some sage advice on tech transfer:

"Fire 90% of university tech transfer people and replace them with people who understand how small businesses and science based innovation actually works. We have spent months negotiating with some institutions that issue unreasonable demands and detailed ten-year revenue projections when current economic conditions can change in ten minutes."

When there are so many entrenched institutions, such as tech transfer offices and the investment hype machine, that are determined to save their little piece of the pie even if it means they have to kill their host to do it, perhaps it takes some free advice to right the nanotech-investment ship.

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Two Startups Are Bringing Fiber to the Processor

Avicena’s blue microLEDs are the dark horse in a race with Ayar Labs’ laser-based system

5 min read
Diffuse blue light shines from a patterned surface through a ring. A blue cable leads away from it.

Avicena’s microLED chiplets could one day link all the CPUs in a computer cluster together.

Avicena

If a CPU in Seoul sends a byte of data to a processor in Prague, the information covers most of the distance as light, zipping along with no resistance. But put both those processors on the same motherboard, and they’ll need to communicate over energy-sapping copper, which slow the communication speeds possible within computers. Two Silicon Valley startups, Avicena and Ayar Labs, are doing something about that longstanding limit. If they succeed in their attempts to finally bring optical fiber all the way to the processor, it might not just accelerate computing—it might also remake it.

Both companies are developing fiber-connected chiplets, small chips meant to share a high-bandwidth connection with CPUs and other data-hungry silicon in a shared package. They are each ramping up production in 2023, though it may be a couple of years before we see a computer on the market with either product.

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