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by apprenticemason
888 days ago
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I created a similar product almost 10 years ago, I had a provisional patent filed and showed it off to some very nice and smart people at Thermo Fisher. I wanted to license the patent to people that actually know how to build laboratory equipment (I don’t hold a higher degree in anything). I should’ve continued trying to license but they convinced me that was the wrong move. I formed a company and got $50k in grant money from the state of Wisconsin along with incubator space and advisors. I did all the initial software and hardware development, the first one I built took components from a battery powered toothbrush to inductively charge so I didn’t need a charging port exposed to solutions. I loved working on this project, I had the idea after having frustrating experiences working with 30 year old lab equipment that took up more bench space in the lab than my backpack did. At the end of the day that’s all it was. I had no idea wtf I was doing and the company eventually folded as real life became too much to juggle with my project. I figured I could use the same form factor to build tons of different sensors based on the many different ion selective electrodes already on the market. Eventually I needed to try and manufacture these sensors myself in a form factor that would fit inside flasks in the lab. Letting this project fall by the wayside is probably the single greatest regret of my life. I often think back about how different things could’ve turned out if only I had made the correct decisions and executed properly and actually found someone to license my patent… so it goes. https://m.youtube.com/watch?v=RrBhliK1ryY&pp=ygUbUGhpbmRpbmc... |
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Ben, West & I worked on this project in 2014. We filed a provisional patent as well, reached out to potential licensees, and had a handful that wanted to pull the trigger to turn it into a functioning product. E.g. here was the sell sheet [1].
Unfortunately, our "day jobs" at Google[x] got in the way -- they weren't particularly keen to have researchers pursuing side gigs, even if Google had no interest in pursuing it themselves & the IP was cleanly produced externally. They refused to sign off on a clean IP waiver, so the licensing discussions fell apart.
At the end of the day: It was a good, viable idea that we wanted to exist. Never anticipated that it would be all that lucrative -- the volume & profit margins were likely low.
[1] https://drive.google.com/file/d/1mRiIHnrATd2dEzC2xSpM8_Mx1kG...