Word: velox
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Dates: during 1990-1999
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...Belgian-born chemist-entrepreneur, Baekeland had a knack for spotting profitable opportunities. He scored his first success in the 1890s with his invention of Velox, an improved photographic paper that freed photographers from having to use sunlight for developing images. With Velox, they could rely on artificial light, which at the time usually meant gaslight but soon came to mean electric. It was a far more dependable and convenient way to work. In 1899 George Eastman, whose cameras and developing services would make photography a household activity, bought full rights to Velox for the then astonishing sum of $1 million...