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| The race and bumpy road to create the blue LED. |
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| mawyatt:
Great video and story!!! IBM had a policy that when one became an IBM Fellow, they could work on anything and got a lab with staff and funding. IBM Fellows answered to no one except maybe the CEO. Because of this policy High Temperature Superconductors were invented at IBM!!! We had the misfortune of working for a major company, and after inventing the first fully integrated single chip silicon microwave receiver, were told by the CTO that he saw no value in wireless technology!! This after seeing a wireless thermostat (major company product line) demo in early 90 |O Best, |
| BrianHG:
--- Quote from: fourfathom on February 09, 2024, 10:11:35 pm --- --- Quote from: schmitt trigger on February 09, 2024, 01:27:36 pm ---Exactly my thoughts. If this person had been working at a Silicon Valley company, at the very first disagreement with his boss he would have jumped ship, gone to a venture capital firm, and started his own company. And he would be a billionaire today. --- End quote --- Perhaps. While I appreciate VCs (I retired very comfortably at a young age, thanks to venture capital), but they usually have a fairly short time horizon. --- End quote --- :( I'm about to seek VC funding for a project of mine where I have been recently awarded 2 patents, but the time scale of fitness technology means I need a few years of funding before profits will kick in. I'm in it for the long run, not interested in selling out or retiring. I really need a partner with 'deep pockets', or a partner who will get money through a large group of multiple investors. |
| iMo:
--- Quote from: schmitt trigger on February 09, 2024, 01:27:36 pm ---Exactly my thoughts. If this person had been working at a Silicon Valley company, at the very first disagreement with his boss he would have jumped ship, gone to a venture capital firm, and started his own company. And he would be a billionaire today. --- End quote --- --- Quote from: daqq on February 13, 2024, 07:33:52 pm ---Fascinating response from the employer. With such an employee after his breakthrough I'd shower him with respect, money, resources, give him his own lab chock full of assistance, whatever he wants really. It's not like they couldn't afford it. --- End quote --- Found on the web: "Loyalty is one of the cardinal virtues of the Japanese culture. You are loyal to your family, your company, whatever group you belong to. So you can imagine what happens if you betray your group: you will be a kind of outcast. Something no Japanese can live with easily.." |
| BrianHG:
--- Quote from: quince on February 13, 2024, 11:24:11 pm --- --- Quote from: BrianHG on February 13, 2024, 10:42:47 pm ---I really need a partner with 'deep pockets', or a partner who will get money through a large group of multiple investors. --- End quote --- Have you considered becoming your own deep-pocketed partner by winning the lottery? --- End quote --- You obviously don't understand the meaning of 'Deep Pockets'. No lottery here in Canada can guarantee me 100m$ USD I require, and that's first round. I may require a second. I think the largest Canadian lottery occasionally hits 50m$ USD, and that will still not get me access and the notoriety I want within key specific industry insiders. |
| BrianHG:
--- Quote from: quince on February 14, 2024, 01:23:44 am --- --- Quote from: BrianHG on February 14, 2024, 01:04:37 am ---No lottery here in Canada can guarantee me 100m$ USD I require, and that's first round. I may require a second. I think the largest Canadian lottery occasionally hits 50m$ USD, and that will still not get me access and the notoriety I want within key specific industry insiders. --- End quote --- What fitness device could possibly require $100M to prototype and go to market? An automated brainstem hijacking dongle? --- End quote --- It is an 'automated brainstem hijacking dongle', literally. And it is an annual subscription service. Not only that, but if you take a look at the another online fitness service like that of Zwift, they have just received their 5th round of funding and it was above 500m$. I dont know how a company in business for almost a decade can achieve continuous funding, basically they aren't making any serious profit or have a new strategy up their sleeve, but my patented 'automated brainstem hijacking dongle' wont have that problem. 100m$ is small potatoes as the current global online virtual fitness market is valued at 20b$ and with a CAGR or 31.5%, within a decade it will be a 200b$ market. (According to Global Newswire.) My patents expire in 18 years... |
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