From the what are they thinking column --
I am not sure what motivates venture capital firms to keep investing in technology that has yet to come to market. For example, I recently saw this article about holographic storage in The Register. My issue is not with holographic storage per se, but the fact that it has been just a short period of time from being available for -- 20 years or so. What market research are these people doing? There are four issues with long-term storage in my opinion.
This is not to say that I am not intrigued by the storage technology, and I do hope that holographic storage is successful in the market. However, like the author of The Register article, I too, have my doubts. What I do not understand is why people invest significant capital without a good understanding of the market they are entering and the market requirements. All the large archival sites I deal with or have heard about are concerned with the four areas I have outlined.
I do not get it.
Labels: holographic storage,venture capital,storage technologies
posted by: Henry Newman