In a series of video reports, our sister site physicsworld.com has been looking at what it takes to commercialize scientific research. After visiting flexible electronics start-up MC10, the team caught up with Stan Reiss of Matrix Partners to continue the discussion.
In the interview, Reiss, a venture capitalist, describes the funding options that are open to university start-ups and the things that founders should focus on to attract further investment. Building on this, he looks at the skill set that’s typically required to translate discoveries from the lab to the market.
In his experience, researchers tend to underestimate the amount of time that it takes to fully develop a product. Reiss also points out that the iterative nature of product development won’t appeal to everyone.
Focusing on specific sectors, he sees lots of opportunities coming out of materials research thanks in part to advances in computer modelling, which make it easier to tailor materials properties.
Related content from the journal Translational Materials Research (TMR)
From the VC desk: Striking a balance on focus – Transl. Mater. Res. 1 010202 (2014)