For startups developing web-focused businesses, the ecosystem has changed enormously in the last 2-3 years, almost entirely for the better. In contrast, in the world of new ventures based on hardcore science (cleantech, medical devices, biotech, etc.), as far as I can see it is more or less “business as usual”, and in some areas things have gone significantly down hill (think FDA and medical devices for example).
Being an eternal optimist, I see grounds for excitement here. It seems to me there is now a great opportunity to take some of the ecosystem improvements pioneered by the Web 2.0 folk, and adapt them to the world of science-based startups. [Read more...]