Originally Posted by ____
and time travel was invented 25 years ago.
Well, we're in the future already, are we not?
Originally Posted by blackbalt89
I wonder if tech like this could be made into some kind of a heatsink for electronics.
It's an insulator, so probably not...
You know, after reading the article, to be honest, the guy seemed more than greedy. I'm not saying that you have to give the technology away for free, but there were talks of half-billion dollar tech. deals. How much more money could you want? Someone can still license the tech. from you, just don't ask for 51% of the profits from this. Personally I would have laughed the guy away if he came and said that he wants 51% of the profits (and tbh, from a business standpoint, you never want to set the precedent that you're licensing tech from someone for 51%).
Let's say that this thing is "2500 times x 75 times" better than the insulator used on space shuttles, as they say in the article. I'm sure what he was asking would cost the aerojet/aerospace industry more than 200,000 more in developing and licensing this material over the lifetime of the business deal than they are already spending on current insulators. So I'm not surprised people didn't want to buy in on this.
Personal value of something doesn't necessarily translate into perceived business value.
This seems like an extraordinary piece of technology, but if the inventor was so passionate about developing a tech that wouldn't burn/melt in fires, and inevitably save peoples lives, he sure was a greedy little bugger when he finally discovered it.
I know he passed away, and I know that sounded rude, but what's the point of being a genius inventor if you're not willing to share your inventions? I would think that people approached him with quite reasonable offers, which he rejected, and for what? Nothing. Doesn't even sound like he spent a huge amount of money developing the tech in the first place, so it's not like there were huge capital investments to recoup.
I wouldn't be surprised if people weren't interested in licensing this tech from him for his unreasonable rate because there were already other people in the works that were developing very similar materials, so the perceived value of his material was quite a bit lower than he felt it to be.