My old colleague Jeff Karoub, whom I had a hand in hiring about four years and a lifetime ago, must be making his presence felt at Crain's Detroit Business, where he is now managing editor. Crain's Detroit covered the 24th Annual Michigan Growth Capital Symposium in Ann Arbor, where panelists asked and answered the loaded question: “What’s Real and What’s Hype in Small Tech.” Nanofilm CEO Scott Rickert dusted off the "nano-robot" punching bag as an example of "hype" -- at least, that's the way the story made it appear.
- For example, Rickert said nano-robots aren’t much more than science fiction that exists in “someone’s imagination.” But others are real and provide solid opportunity for entrepreneurs and investors. More here
Again to his credit, Ardesta CEO Rick Snyder (my former big boss for whom I retain a great deal of respect), cut through some of the garbage to mention one good thing about hype: "In many cases, it is spawning a responsible discussion of health and societal issues," he said.
And, of course, one of only a handful of news "organizations" that hosts this kind of discussion is ... well ... NanoBot.
Nanotech: "Hype or Reality?" (complexifly flickr)