The MIT Curse Strikes Again: Lilliputian Systems Files For Bankruptcy — forbes.com

I’ll be up front. The Massachusetts Institute of Technology is one of the finest universities in the world. Numerous graduates have made lasting contributions to science. And the closest I could have ever got to being part of the MIT family would have probably been working as a stock boy in the campus bookstore. It is an academic beacon. But, sometimes, start-ups just aren’t its bag. Lilliputian Systems, an MIT spin out that raised over $140 million in its prime to bring portable fuel cells to market, has declared bankruptcy.

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