Tuesday, August 31, 2010

Churn

PacBio going public in order to raise...$200M? That's kind of a pittance compared to the $300M they already have from VC. Is that a bad sign? I guess I don't really understand the finance side of things.

And, on the heels of that announcement...

Helicos sues PacBio. The last refuge of scoundrels.

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