As sources of money dry up, potential backers demand that science startups have prototypes to show off, if not products ready to roll
"The problem with venture capital is that it's impatient money," says Hannah, a physicist who is now vice president of engineering at Palo Alto, Calif.-based Savitar. The two-year-old company, which designs software for electronic imaging with an emphasis on high-resolution color, relies on the personal assets of its founder, computer scientist Rudolph Burger.
Not every entrepreneur has sworn...
Interested in reading more?
Become a Member of
Receive full access to digital editions of The Scientist, as well as TS Digest, feature stories, more than 35 years of archives, and much more!
Already a member?