For all the recent discussion around bootstrapping a Web 2.0 company, having some capital in the bank affords the flexibility for a wrong turn, course correction, or just normal product iteration.

对于时下逐步创建web2.0公司的讨论来说，帐面有一定资金可以使公司有掉转错误方向，过程中修正，或是只是进行常规产品升级的弹性。

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The market, seeking profit makers with high expectations of high returns on capital and high margins will throw high amounts of capital at these drugs until you turn around and the market has created highflying successes like Genentech and Amgen .

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He would like to see a more streamlined way to raise capital and for the SEC to make sure it has enough staff to turn around the associated registration statements.

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That, in turn, could mean more disclosures in SEC filings, more stock volatility, and a higher cost of capital all around.

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