As a patent attorney specializing in high-tech companies, Dale B. Halling was used to working with start-ups trying to change the world.
In the 1990s, he says, entrepreneurs would come to his office with plans for businesses that held the potential to completely redefine a market. But with the technology downturn of 2000-2001, Halling saw a change. Business plans by start-up companies were less aggressive, less groundbreaking.
“Instead of trying to change a whole area of a technology and go public, these companies were looking to develop incremental changes in technology and be bought out by an existing company,” he said. And that remained the same through the decade.
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Author: BILL
RADFORD
