5 ms·
A more important question is, how well were they compensated? Most of the value are not captured by the original inventors.
by ampdepolymerase 5y ago
A more important question is, how well were they compensated? Most of the value are not captured by the original inventors.
- netrus 5y agoTo be fair, to a certain degree that's part of the deal in academia. Tenure is like an reverse insurance, everyone gets a salary, even if only few will be able to make significant contributions. And that's okay, because a lot of luck is involved in individual success in academia.
- neolog 5y agoWhat do you mean by original inventor?
- outworlder 5y agoCompany's gross went from 200 million USD to 800 million USD. He got $180. After a lawsuit, they settled for around 8 million. Got a Nobel prize too.
- sneak 5y agoSimilar story around AIDS-denier Kary Mullis, who invented PCR. I think his employer sold the patent for >$1B. 1993 Nobel in chemistry. I remember reading about him in Omni magazine.
- dls2016 5y agoRegarding the lawsuit, I believe you’re thinking of Nakamura. https://en.wikipedia.org/wiki/Shuji_Nakamura https://en.wikipedia.org/wiki/Shuji_Nakamura