Very unfair. He wanted 10 million pounds for the invention, while everyone accused him of asking for an unrealistic 10 BILLION pounds. At 5:34 he asks his daughter "What would you do with 2 MILLION pounds, don't you think you would've undersold it?". Later he says, at 5:40, that 2 is "not as good as 10". He clearly was expecting better than 2 million, wishing for a 10. But, you can see all accusers, like at 4:22, saying that he wanted "something like 10 BILLION pounds to be thrown at him just to do it, i.e. sell". I have also seen other videos where everyone was using that same accusation (of 10 BILLIONs), though the man himself had said MILLIONs. Isn't life unfair sometimes?
Everybody is upset because he didn't give away his formulations for free, SMH. He was a very wise man, he create more than one version and one has been licensed but not the main one. He was a real life John Galt.
I remember he had received some big offers, but he wasn’t happy with them. He wanted full control and no company will pay you if they don’t get full control.
No; the exact opposite is true; no company would make him a fair offer. Only One company, I believe Boeing, showed serious interest in it, but they refused to pay him Any money unless he handed the formula to them, and then they would "decide" what it was worth or if they would pay him for it. Naturally, he refused, as any inventor would. Boeing was notorious for screwing over business partners and their own employees....
What is incredible is that no-one asked what happened when temperature gradually increased at the surface of Starlite. What happens is the carbon surface ablates and foam is not produced. The problem is that a real solution cannot be reverse engineered. Any real material solution for the 21st century is amorphous. As a result, the chemistry can only be formulated from the ground up or from first principles not by analysing the mixture or the final material. Ward should have given up the material but not the formula - if it was a real formulation then no-one could reverse engineer the formulation.
@@drjwilber Patents in a case of 'commonly available items' (as the US PTO calls it) will not be granted. He was NOT trying to sell manufacturing license, he was trying to keep control of all aspects of the stuff and that's why he failed. He needed business/IP lawyers and refused to hire them.
@@drjwilber I think your spacebar is faulty. Either that or you're a complete weirdo... Why are you putting loads of spaces in between your words? You muppet.
give me a break... it was a final product as it is and he was smart enough to understand how much good his product was he just was a bit stubborn but i don't blame him
yeah right - that was what Maurice ward was attempting - to capitalise on it . Trevour bayliss - patented the clockwork radio - others made millions he never got a penny from that . Patents make 'the product' publ;ic domain . Copied many patents to determine if it possible that way - not even glimmer of hope Invented 'instrument' this past week - not goinfg to patent - never get patent costs back - others would and they make 'the money' . j dc jones , harvervey cbride and barton then at edi uni - the approach was though IoP - who I eventually took to court - case was dismissed - i.e. no decision . The lawyers tried to force decision - by unauthorised deduction from account - thus the 'claim' that they won . The deduction was blocked by bank security system no integrity from lawyers acaemics , courts institutution or university . The invention has approximatly 200 years of future application . Da Vinci inventions still used even after 500 years
This story is written on Satan's diary with golden ink. Thousands of human lifes that never were saved, just because that little devil on his shoulder saying "money money..."
I know people are trying to frame him as this kind of greedy genius who had the potential to change the world but let ego and greed get in the way of progress. But this context is entirely false and just insulting, the guy saying “he didn’t have a business head” is an absolute fool, that’s exactly what Maurice had, he knew that inventors often get the short end of the stick when it comes to commercializing their inventions especially during the 1980-1990s. Maurice recognized that if he relinquished any detail of starlite and the offer wasn’t sufficient, a company could create something similar enough and manufacture it under a new name. He also knew that when you sign over patents, companies often wrestle control away from inventors and leave them in the dust. He was cognizant of shady business practices and didn’t want to be swindled and I commend him for his stubbornness in the face of such blatant bullying.
that is their intention - same re caa /// mod they wanted "Pi*LHyT" - used police to make invasion - to grab working model - which they thus farm it out and accusse inventor of access to classified information . Took apart the model week before police invaded - After that gave caa // mod the proverbial two finger salute . Another term for FM
"An idea in itself is nothing. It's the DEVELOPMENT of it that matters!" - "How to Succeed in Business Without Really Trying". The premise of this musical comedy is that the quality and need for a product is irrelevant; it's only the hype that counts. Which has been the American business model for several decades....
The reason he never made any money was because he didn't make a packet of bacon out of starlight, if people knew that if their house burnt down they could still have bacon and eggs the following day when the fire burns out it would have been a hit.
Very unfair.
He wanted 10 million pounds for the invention, while everyone accused him of asking for an unrealistic 10 BILLION pounds.
At 5:34 he asks his daughter "What would you do with 2 MILLION pounds, don't you think you would've undersold it?". Later he says, at 5:40, that 2 is "not as good as 10".
He clearly was expecting better than 2 million, wishing for a 10.
But, you can see all accusers, like at 4:22, saying that he wanted "something like 10 BILLION pounds to be thrown at him just to do it, i.e. sell".
I have also seen other videos where everyone was using that same accusation (of 10 BILLIONs), though the man himself had said MILLIONs.
Isn't life unfair sometimes?
Everybody is upset because he didn't give away his formulations for free, SMH. He was a very wise man, he create more than one version and one has been licensed but not the main one. He was a real life John Galt.
I remember he had received some big offers, but he wasn’t happy with them. He wanted full control and no company will pay you if they don’t get full control.
No; the exact opposite is true; no company would make him a fair offer. Only One company, I believe Boeing, showed serious interest in it, but they refused to pay him Any money unless he handed the formula to them, and then they would "decide" what it was worth or if they would pay him for it. Naturally, he refused, as any inventor would. Boeing was notorious for screwing over business partners and their own employees....
What is incredible is that no-one asked what happened when temperature gradually increased at the surface of Starlite. What happens is the carbon surface ablates and foam is not produced. The problem is that a real solution cannot be reverse engineered. Any real material solution for the 21st century is amorphous. As a result, the chemistry can only be formulated from the ground up or from first principles not by analysing the mixture or the final material. Ward should have given up the material but not the formula - if it was a real formulation then no-one could reverse engineer the formulation.
Maurice and his daughters don't seem to get that it would have been better to sell the _license to make it_ rather than the formula for one price.
that is what he was trying to do . they refused to pay
patents are same as public domain , copied - trevour bayliss had that patents - not worth spit
@@drjwilber Patents in a case of 'commonly available items' (as the US PTO calls it) will not be granted. He was NOT trying to sell manufacturing license, he was trying to keep control of all aspects of the stuff and that's why he failed. He needed business/IP lawyers and refused to hire them.
@@drjwilber I think your spacebar is faulty. Either that or you're a complete weirdo... Why are you putting loads of spaces in between your words? You muppet.
I'm sure that this story is written on Devil's diary with golden ink.
give me a break...
it was a final product as it is
and he was smart enough to understand how much good his product was
he just was a bit stubborn
but i don't blame him
Foolish. Any product has a lifespan just like its inventor. Capitalise and move on.
yeah right - that was what Maurice ward was attempting - to capitalise on it . Trevour bayliss - patented the clockwork radio - others made millions he never got a penny from that . Patents make 'the product' publ;ic domain . Copied many patents to determine if it possible that way - not even glimmer of hope
Invented 'instrument' this past week - not goinfg to patent - never get patent costs back - others would and they make 'the money' . j dc jones , harvervey cbride and barton then at edi uni - the approach was though IoP - who I eventually took to court - case was dismissed - i.e. no decision . The lawyers tried to force decision - by unauthorised deduction from account - thus the 'claim' that they won . The deduction was blocked by bank security system
no integrity from lawyers acaemics , courts institutution or university . The invention has approximatly 200 years of future application . Da Vinci inventions still used even after 500 years
@@drjwilber exactly. This world is full of wolves who capitalize using laws they can corrupt
@@drjwilber Perhaps if you could write in English that the rest of the planet can understand, you would have got somewhere...
This story is written on Satan's diary with golden ink.
Thousands of human lifes that never were saved, just because that little devil on his shoulder saying "money money..."
He was right to distrust people around him. They all wanted to steal him.
Is "escrow" not a thing in the UK?
I'd've hosted an auction for the recipie
The world to inventors: If you don't give it to us for free we're going to dislike you
I know people are trying to frame him as this kind of greedy genius who had the potential to change the world but let ego and greed get in the way of progress. But this context is entirely false and just insulting, the guy saying “he didn’t have a business head” is an absolute fool, that’s exactly what Maurice had, he knew that inventors often get the short end of the stick when it comes to commercializing their inventions especially during the 1980-1990s. Maurice recognized that if he relinquished any detail of starlite and the offer wasn’t sufficient, a company could create something similar enough and manufacture it under a new name. He also knew that when you sign over patents, companies often wrestle control away from inventors and leave them in the dust. He was cognizant of shady business practices and didn’t want to be swindled and I commend him for his stubbornness in the face of such blatant bullying.
Didn't make any money out of it did he? Not smart then.
@@onepangaean3018so what? Since when is making money considered smart?
I’m assuming that one of the main ingredients must have been asbestos fibres.. surely.
I wondered whatever happened to this.
The problem of the product is that it had a bad life span, it only lasted a few hours, and thats why he didnt wanted to sell it
Biggest scammer ever, and managed to get on TV lol
he wanted it all and got nothing
Once your in his shoes you can understand.
that is their intention - same re caa /// mod they wanted "Pi*LHyT" - used police to make invasion - to grab working model - which they thus farm it out and accusse inventor of access to classified information . Took apart the model week before police invaded -
After that gave caa // mod the proverbial two finger salute . Another term for FM
1:17 Even Dr. Venkman couldn't get him to reveal the formula.
how much did he offer to pay M W
I know TE materials . One is baking powder and there others relat3d to that
It’s almost as if he heard about what happened to Nikola Tesla after he took Edison by his word.
Lol, all that and people pretty much already know what it is.
There was no "Shark Tank" back then.
"An idea in itself is nothing. It's the DEVELOPMENT of it that matters!" - "How to Succeed in Business Without Really Trying". The premise of this musical comedy is that the quality and need for a product is irrelevant; it's only the hype that counts. Which has been the American business model for several decades....
yay capitalism
100g of cornflour....10g of bicarbonate of soda....enough pva wood glue clue to mix into a putty. Super easy, super material.
False
Richard Love it was actually a paint, you just watched nighthawkinthelight’s video
Incorrect.
He was very intelligent & had common sense. Business is businesses, though. He was definitely smart not to trust anyone.
@ 03;06 look what happened to trevour baylis - patented - never made a penny from it
Fake it until you make it
The daughters were like abused
His greed have cost many people’s lives.
Wow, what a tragedy.
Perpetuated, it seems, by sheer pig-headedness.
The reason he never made any money was because he didn't make a packet of bacon out of starlight, if people knew that if their house burnt down they could still have bacon and eggs the following day when the fire burns out it would have been a hit.
Graphene as well?
Did anyone discover starlite after its first invent? Please answer me yes or no. Please give me the reply quickly
Business man were just loosers who lost a huge innovation
What a fool.........
Is it any surprise he never showed this "wonder" material? Never did exist, that is why.