Chapter 249 The Olympics 5 (1/2)

Jake knew, of course, that webcam sales could not come in even a portion of digital camera sales, but it was only for webcam sales to fund future development for smartphones.

Matthew understood this and agreed to do so and had this technology immediately researched, so Matthew's company would have more products to sell, after which Jake left Oliver's house and prepared to visit his sponsors.

Since the technology that was better than the current webcam was ready, Matthew had only to worry about the cost of production if it would be much lower because Matthew had an excellent factory for production.

When he got home, Jake began to think about the things he had said to Matthew, after he gained his fourth job skills. Jake's memory improved a lot and he remembered one of the technologies he could leverage after his time back.

Jake didn't write famous movies of the future as his own because that would be a big change in the future of cinema and it would also be like stealing a person, but he just didn't start a tech company before 2000 to take advantage of this great time for investments in the movie because he had neither financial capital nor the ability to run a business.

But he remembered a great idea that just needed a bit of technology development and a patent to make Jake very rich in the future, so he couldn't see why he didn't take that chance.

So Jake talked to some people who worked as developers of Matthew's product technologies and asked them to recommend to him a group of university geniuses they attended for Jake to hire them.

Jake just wanted to start a small tech company to develop this technology and didn't need to hire these people for long if they didn't want to if they wanted to keep working for him, Jake didn't mind paying a good salary for a few years.

After a few days, Jake asked Emily to register a technology company in his name, Emily didn't ask the reason and just did what Jake asked, she really needed to talk to him about the yield on the company's stock investments.

Jake didn't mind buying a building for the new company, after all, he would ask the young people to develop the technology at their own university, after all, Jake only imported the patent.

After a few days 3 men showed up to talk to Jake, they were doing Ph.D. at Stanford, Jake thought it was very coincidental that they studied at the same place the google founders would study.

The three seemed curious about the work, they knew that Jake, although younger than them, was very rich and intelligent, after all the friends who called them said that Jake was the one who gave the ideas for the technologies they developed.

So the three who were very close friends decided to accept if it was a well-paid job like their friends at Matthew's company, the most responsible of the three was named Charlie and he was going to talk to Jake about the job.

”Hi Jake, my name is Charlie and I will represent my friends in this conversation, we want to know which technology you want me to develop for you and what is the salary.”

”Well Charlie, I want you to work for me at least until after the technology is developed, you'll get the same as your friends at Matthew's company for as long as you work for me.”

”Once the product is developed until it is enough for me to be able to file several patents on it, we'll see if you want to continue working for me or if you want the freedom to work elsewhere.”

Charlie and his friends thought it was really best for them, so after they finished Ph.D. at Stanford they could decide if they wanted to stay employed or want to go to another company, the salary their friends earned from Matthew's company was great for them too.

Jake was pleased when he saw that Charlie and his friends liked the proposal he made so he first showed what the rewards were before telling them what restrictions they would have.

”When the patents I want are authorized I will give you a bonus, but if you agree to work for me you will have to sign some confidentiality and intellectual property agreement agreements.”

The three of them didn't get bored because they needed to sign a contract for that, but they understood what the contracts meant and figured out what they had to create was very important for Jake to create these restrictions.Find authorized novels in Webnovel，faster updates, better experience，Please click for visiting.

Jake was just being cautious, he really had a lawyer as an assistant and wouldn't waste much time creating those contracts that would guarantee his rights, Jake was very pleased when he saw that they accepted.

After that Jake asked Emily to have someone bring the contracts for them to sign as soon as she could so Emily saw that Jake must be doing something important and set the investment firm aside to take Jake's requests quickly.

”The technology I want you to develop actually already exists, so I believe it will be much easier for you, I want a product that this technology can be used with, the technology is Multi-touch.”