Detailed text transcripts for TV channel - CNN - 20110418:10:56:00
Of the potential world problems that need solving. >> right. >> and you create a prize. talk about that. >> they did it for the spaceship, the first spaceship to go commercially manned spaceship to go into space, you got $10 million to invent that. costs way more than $10 million to do it. >> historically, that incentive works. >> charles lundberg across the atlantic. a $25,000 prize to do that. the concept is innocent vise problems to solve problems. gives birth to the industries and start-ups and these companies these inventers come up with. >> so far you've raised $1.5 million. >> $1 millio...
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