Re:Patent Trolls Inbound: Our First Lawsuit
by huhtenberg on Thursday August 25, 2022 @05:28AM
(#32591466)
At 10k a year this is very unlikely to work. Few startups will pay that to protect against a threat that, practically speaking, is very rather unlikely. The fee needs to be an order of magnitude lower. Incidentally it will open up this service to a much wider range of companies, so it may actually be easier to pull off.
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Re:Patent Trolls Inbound: Our First Lawsuit
by nspattak on Thursday August 25, 2022 @05:35AM
(#32591509)
one does not need to start with 20 people, if one doesn't have enough paying customers either...
Re:Patent Trolls Inbound: Our First Lawsuit
by denton-scratch on Thursday August 25, 2022 @06:55AM
(#32592041)
They don't really need to employ lawyers at all. It's just an insurance club. They need an actuary, an accountant and a clerk. They can pay law-firms to do the lawyering, and contract researchers to dig up prior art. That way, the main costs arise on a per-case basis - only the office staff are fixed costs.
Re:Patent Trolls Inbound: Our First Lawsuit
by TylerE on Thursday August 25, 2022 @02:28PM
(#32597960)
That's seem to make a startup LESS attractive companies, no? One bad case and the whole thing runs out of money.
This is the kind of service you'd want provided by somebody "too big to fail".
Re:Patent Trolls Inbound: Our First Lawsuit
by wombatpm on Thursday August 25, 2022 @03:33PM
(#32598844)
True, but the goal is to fight patent trolls or non practicing entities. Not take on legitimate cases of patent infringement against Oracle or Intel or Apple
Re:Patent Trolls Inbound: Our First Lawsuit
by TylerE on Thursday August 25, 2022 @04:00PM
(#32599239)
Winning an straightforward case in the American justice system can be quite expensive, especially when the plantiff goes judge shopping (which they all do, it's part of what makes a patent troll a patent troll).