6 ms·

That is an extremely easily replicated technology. Turning down a buyout was a horrible idea, but good for him for making it that far.

bognition 10y ago
Apparently he has a patent, although its not clear what he has actually patented. If the patent is sufficiently effective to keep other players out of the market that would explain the high price tag.
- pawadu 10y ago
  Or someone will just copy his idea and use the 30M to fight him in the court...
  - noobermin 10y ago
    I don't doubt the unscrupulousness of trolls out there, but imagine the optics, stealing from a 14 year old and suing him in court...
- notlisted 10y ago
  On Quora a vending machine operator commented: "It’s a design, not a utility, patent which have less stringent requirements for granting. His idea is not new, things like aspirin and bandaids have been sold through vending machines for decades. What is unique about his system is that its dedicated to first aid and medical supplies and its interface with the customer is exclusively via a touchscreen. You can’t see the product through a window." [1] Maybe there's something unique to the interface, though I see nothing in this little video interview that strikes me as earth-shattering [2]. It is also entirely likely that this is another case of 'child genius myth-makery' like we've seen so many times before. Remember the 72MM high school kid trading hoax? [3] [1] https://www.quora.com/How-did-Taylor-Rosenthal-get-a-patent-for-his-vending-machine-which-dispenses-first-aid-kits/answer/Chris-Bracher https://www.quora.com/How-did-Taylor-Rosenthal-get-a-patent-... [2] https://www.youtube.com/watch?v=lmxkUxEr81w https://www.youtube.com/watch?v=lmxkUxEr81w [3] http://observer.com/2014/12/exclusive-new-york-mags-boy-genius-investor-made-it-all-up/ http://observer.com/2014/12/exclusive-new-york-mags-boy-geni...
  - FireBeyond 10y ago
    As it is, such products already exist, in physical form: https://www.amazon.com/gp/product/B003JQL2HM https://www.amazon.com/gp/product/B003JQL2HM is a first aid kit that has pre-packaged pouches for "bleeding", "spine", "burns", "bites and stings" such that the individual pouch can be replaced upon use.
- marklubi 10y ago
  Is anyone able to find the patent?
  - kens 10y ago
    I looked for the patent on Google Patents and the USPTO site unsuccessfully. I am extremely suspicious; the article says, "By December, he had a working prototype and had acquired a patent." There's no way you acquire a patent in a few months - it takes years. Maybe the article is wrong and he just filed a patent?
Eridrus 10y ago
How real was that 30m offer though? No names named here.
- homero 10y ago
  Probably fake, even $300k is too much for 0 ip
andr 10y ago
I've seen machines like that in Spain and France.

bognition 10y ago

Apparently he has a patent, although its not clear what he has actually patented. If the patent is sufficiently effective to keep other players out of the market that would explain the high price tag.

pawadu 10y ago
Or someone will just copy his idea and use the 30M to fight him in the court...
- noobermin 10y ago
  I don't doubt the unscrupulousness of trolls out there, but imagine the optics, stealing from a 14 year old and suing him in court...
notlisted 10y ago
On Quora a vending machine operator commented: "It’s a design, not a utility, patent which have less stringent requirements for granting. His idea is not new, things like aspirin and bandaids have been sold through vending machines for decades. What is unique about his system is that its dedicated to first aid and medical supplies and its interface with the customer is exclusively via a touchscreen. You can’t see the product through a window." [1] Maybe there's something unique to the interface, though I see nothing in this little video interview that strikes me as earth-shattering [2]. It is also entirely likely that this is another case of 'child genius myth-makery' like we've seen so many times before. Remember the 72MM high school kid trading hoax? [3] [1] https://www.quora.com/How-did-Taylor-Rosenthal-get-a-patent-for-his-vending-machine-which-dispenses-first-aid-kits/answer/Chris-Bracher https://www.quora.com/How-did-Taylor-Rosenthal-get-a-patent-... [2] https://www.youtube.com/watch?v=lmxkUxEr81w https://www.youtube.com/watch?v=lmxkUxEr81w [3] http://observer.com/2014/12/exclusive-new-york-mags-boy-genius-investor-made-it-all-up/ http://observer.com/2014/12/exclusive-new-york-mags-boy-geni...
- FireBeyond 10y ago
  As it is, such products already exist, in physical form: https://www.amazon.com/gp/product/B003JQL2HM https://www.amazon.com/gp/product/B003JQL2HM is a first aid kit that has pre-packaged pouches for "bleeding", "spine", "burns", "bites and stings" such that the individual pouch can be replaced upon use.
marklubi 10y ago
Is anyone able to find the patent?
- kens 10y ago
  I looked for the patent on Google Patents and the USPTO site unsuccessfully. I am extremely suspicious; the article says, "By December, he had a working prototype and had acquired a patent." There's no way you acquire a patent in a few months - it takes years. Maybe the article is wrong and he just filed a patent?

Eridrus 10y ago

How real was that 30m offer though? No names named here.

homero 10y ago
Probably fake, even $300k is too much for 0 ip

andr 10y ago

I've seen machines like that in Spain and France.