Venture capital for Nanotech: issues and ideas

Couple of venture capital firms are interested in nanotechnology, but none so much as DFJ (draper fisher jurvetson). Steve Jurvetson in particular has put a lot of stake (and reputation) into many Nanotech startups including Memgen, NanoOpto, Nantero, etc. Most of these companies have some solid ideas and I am happy for the increasing interest (and awareness) of Nanotechnology in everyday life. Heck, i even read an article on small systems in a southwest inflight magazine.

here is my nanotech bite for the week: In terms of manufacturing systems, we have always envisioned production systems which have the associated sensors and control systems to ensure the product is conforming to specifications and quality. However, with the advent of nano-sensors and MEMS, one can envision similar systems inbuilt into the product itself. In a way, this is where the "self-assembling" idea kicks in. A system which can guide the "product" along the assembly line to assemble suitable parts specifically deisgned for that product would completely eliminate the need for specialized schedules for prodcuts of varying specs. This is an idea in infancy but if there are some VCs and entrepreneurs who wish to "capitalize", please contact me in 2-3 years when i will have my full business proposal ready :).