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How do you get them to sit there for 30-45 minutes while totally confused? And can't you give some vague idea of what your...fantastic idea was?
by alphapapa 11y ago
How do you get them to sit there for 30-45 minutes while totally confused?
And can't you give some vague idea of what your...fantastic idea was?
- danieltillett 11y agoYou give an entertaining talk :) I wanted to avoid going into details as it is unlikely to be of interest to anyone here, but the actual idea eventually ended up as U.S. patent 6,737,253 [1]. 1. https://www.google.com/patents/US6737253 https://www.google.com/patents/US6737253
- alphapapa 11y agoSo do you. :) I see. Well, that is not my area of expertise, but it sounds interesting, even if I don't understand it. So you turned that idea into a product or service, and made a business of it? Did you sell it for research or forensic or medical or...? Sounds like a good story, though maybe one you'd have to be in the field to understand the details of.
- danieltillett 11y agoI actually sold it twice to two different companies. The first time was when it was just an idea and when they passed on it (but after they had given me enough money to prove it) I sold it to the second company for 100x more. At no point did I ever have to give up any equity. The rather ironic thing is I actually came up with a much better idea [1] to solve the same problem, but I was never able to make any money from it. I am far more proud of the later idea, but it did not have the same magic. 1. http://www.biomedcentral.com/1471-2164/10/344 http://www.biomedcentral.com/1471-2164/10/344