Replies to post #1034 on Quantum Materials Corp. (fka QTMM)

[ih8aloss]

Why it's wise to stay STEALTH! This is an excerpt from http://www.siliconbeat.com/entries/2004/11/13/qa_with_kleiner_perkins_caufield_byers.html If you saw the Bloomenergy box video in the previous post you'll recognize the name John Doerr.

Q: The venture capital survey shows a decline in VC investing (in the third quarter), but some suggest one reason may be artificial: Start-ups are trying to stay under the radar longer and not announcing their VC funding.

Doerr: The entrepreneurs want it that way. Ten years ago, as soon as a venture was funded by a reputable venture capitalist, within six months, two or three clone ventures would be launched like heat-seeking missiles right up their tailpipe. People got wise to that. Why should we say anything about what we're doing until we have happy customers, and we're ready to try to expand and grow our market? You see many more entrepreneurs wanting to remain in stealth mode for a long, long time. The smart ones, anyway.

According to John Doerr it appears Mr. Squires is right on the money.