Can film photography be revived?
“The best selling camera today is the smartphone” – said an ex Kodak employee shaking his head in disbelief.
Mr. K was part of middle management at Kodak when the company filed for bankruptcy protection in 2012. Mr. K, who is an expert in chemical formations specifically related to applications of the photographic film, then joined Fujifilm. Fujifilm not only survived the digital disruption but about a year ago featured in the Top-20 list of most transformative companies in the world. Mr. K pioneered the application of photographic equipments in the medical industry for FujiFilm, a business that now accounts for a major chunk of FujiFilm’s revenues.
Ironically, Mr. K had invested in a startup in 2012, that was devising nano technology for digital photography. This patented technology is what a majority of smartphones rely upon. The start up was recently acquired by one of the leading smartphone manufacturers in the world for an astronomical amount. Mr. K personally made a fortune and quit his high profile job at Fuji. He has a strong industry reputation and very reliable contacts and sources within the Private Equity network.
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