They were made of plastic. And that was genius, and it absolutely changed the world. At least the world of glasses. By 1978, when the founder of that company was ready to sell that company that he had built, he found a very willing buyer in 3m and they bought his company in 1978 for 70 million at the time. In todays money, that would be about a quarter billion dollars. And this was a privately held firm. So basically all of the Purchase Price, as far as i can tell, went to him. Almost all the Purchase Price went to the one guy who had the idea and founded that company and made it happen. The founder of armor light, the inventor of plastic eyeglass lenses. He obviously was doing well for quite some time running armor light. But once he got bought by 3m in 1978, then he was doing well on the order of a different magnitude. He was crazily wildly rich, all of a sudden. And that ended up being very good for saturday night live, because it turns out the guy who invented plastic eyeglass lens
After world war ii, Young American man, grown up in michigan. He had worked at baush lom and a company kuld univiz. But he founded a Company Called armor light. What he did at armor light changed everything for that industry. It changed everything for all of us who wear glasses. Because he invented prescription eyeglass lenses that were not made of glass. They were made of plastic. And that was genius, and it absolutely changed the world. At least the world of glasses. By 1978, when the founder of that company was ready to sell that company that he had built, he found a very willing buyer in 3 m and they bought his company in 1978 for 70 million at the time. In todays money, that would be about a quarter billion dollars. And this was a privately held firm. So basically all of the Purchase Price, as far as i can tell, went to him. Almost all the Purchase Price went to the one guy who had the idea and founded that company and made it happen. The founder of armor light, the inventor of pl
Michigan. He had worked at baush lom and a company kuld univiz. But he founded a Company Called armor light. What he did at armor light changed everything for that industry. It changed everything for all of us who wear glasses. Because he invented prescription eyeglass lenses that were not made of glass. They were made of plastic. And that was genius, and it absolutely changed the world. At least the world of glasses. By 1978, when the founder of that company was ready to sell that company that he had built, he found a very willing buyer in 3 m and they bought his company in 1978 for 70 million at the time. In todays money, that would be about a quarter billion dollars. And this was a privately held firm. So basically all of the Purchase Price, as far as i can tell, went to him. Almost all the Purchase Price went to the one guy who had the idea and founded that company and made it happen. The founder of armor light, the inventor of plastic eyeglass lenses. He obviously was doing well f
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