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by quantified
230 days ago
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40% of a large pie can still be large. 40% of a small pie is small. Doesn't this mean that you get 40% back on the licensing fees you pay them to commercialize, but you keep everything else for actually making and selling it? And if GE Healthcare licenses it you get 40% of those royalties? Rather than looking at what you might not get, what might you actually get? Is this really worth something? And did you get your PhD only to make a boatload of money, or to make a difference? |
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I got my PhD to make a difference. I'm worried that my university, which btw is partnered with one of the largest investment firms in the world, only wants to hoard this idea, and has no genuine desire to foster the technology into the world.
I also got my PhD to lend myself legitimacy, which can then be used to make money, which can then be used to usher in a better future. I've tried the ascetic path, but I felt isolated and like I was shying away from the world.
There is a bit of a chip on my shoulder as well. I think this university is a moral failure, and I feel like they are trying to screw me over every chance they get. The last thing I want to see is my idea being stolen and hoarded by this place. I'd rather die on that hill then just hand it over.