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And if it is worth $1m to Google think how much it is worth to you. This is the opposite of a good deal. Build something that is probably worth $250M and get $
by drakaal 12y ago
And if it is worth $1m to Google think how much it is worth to you.
This is the opposite of a good deal. Build something that is probably worth $250M and get $1m for it.
- tls 12y agoIt's a great recruiting tool. Plus the possibilities of how it will scale for projects like robotics/fiber/wifi etc... who wouldnt want an inside track like that?
- TTPrograms 12y agoThere's also no evidence that google would own the tech after it's built. It doesn't have to be either $250M or $1M - it could be $251M.
- femto 12y agoThe problem with building the world's best power inverter in your garage is: Who do you sell it to? It's only worth $250M if you can connect with the buyer who is prepared to spend that much. The real value with something like a $1M prize is that it will lead to interest from people who are prepared to pay $250M. $1M for non-exclusive rights may be cheap for Google, but it is probably still good value for the inventor if it leads to bigger things.
- jussij 12y ago> Who do you sell it to? I would assume if you actually did build it in the garage and it worked, the next step would be to get a patent and after that go talk to a venture capitalist. Strangely enough, probably not much different to the way Google itself came to being.
- stretchwithme 12y agoIf such incentives are already in place, Google risks nothing by drawing attention to them. Either way potential inventors go, Google may make this happen sooner.