Opinion: Why some “breakthrough” technologies don’t work out

HELIX

Elvis Chipiro picked universal memory (from the 2005 list). The vision was for one memory tech to rule them all—flash, random-access memory, and hard disk drives would be subsumed by a new method that relied on tiny structures called carbon nanotubes to store far more bits per square centimeter. The company behind the technology, Nantero, raised significant funds and signed on licensing partners but struggled to deliver a product on its stated timeline.

Nantero ran into challenges when it…