My version of events: NewCo comes up with a reasonable extension on existing technology that anyone in the field who thought for 6 months could have come up wi

My version of events: NewCo comes up with a reasonable extension on existing technology that anyone in the field who thought for 6 months could have come up with. However they fail to take it to market. LaterCo is never formed because its founders discover the patents. An exciting new technology never reaches the market.