it's companies like this that make it that much harder for the rest of us to raise capital. Not that I know a lot of VCs, but the ones I do know all require a working business model before investing. How were they planning on making money on this?
Their business model is straight forward, if they can pull their technology off they have just created an entire industry that could spawn a whole new generation of electronics companies.
The difficulty is making the technology work, and you're kidding yourself if you think investors in this kind of company look at deals any smaller than the kinds of Plastic Logic bets.
