Stanford sold for an average of $187 per share for the 1.8mm they received. That was years later at the IPO beyond. At the time they received them the value was far far lower (likely on the order of what I suggested). And the license amounts.. the article says it was 80k in 2012. That's an awful licensing agreement by any measure. This is a company that Stanford's own president - a genius by any measure - was an investor in so clearly believed in it's value, and yet he agreed to sell the IP essentially for a pittance to himself.