Re:Sergey Brin's Home Page
by rschmitty on Thursday March 20, 2014 @08:23PM
(#7439865)
Did/could Stanford claim any IP on Google?
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Re:Sergey Brin's Home Page
by DavidAdams on Thursday March 20, 2014 @08:32PM
(#7439894)
They've paid Stanford at least $337 Million in royalties for the original Google algorithm: https://news.stanford.edu/thedish/?p=19621
Re:Sergey Brin's Home Page
by adventured on Thursday March 20, 2014 @09:18PM
(#7440055)
Ouch. Current market value on 1.8 million shares = $2,154,600,000. I think they managed that rather poorly (I understand it's common for investment funds / trusts / endowments - which perhaps the IP was held by - to liquidate soon after an IPO, but I'd think a university like Stanford could have more patience).