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Venture capitalists continue to devote cash to nanotechnology start-up companies, but, with the long expected time from investment to exit of six years - twice what VCs expect for investments in other technology areas -exits are thin on the ground. Nevertheless, some investors are unwisely looking to the small number of exits to date for valuation multiples going forward, according to a new report from Lux Research entitled "Exits for Venture Capitalists in Nanotechnology Remain Elusive."
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