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Tuesday, December 08, 2015 12:00:18 AM
Frisbee =
You have no idea what you're talking about:
<<Forbes Magazine - Update (Oct 7, 2014)
For Most Small Companies Patents Are Just About Worthless
Many entrepreneurs misunderstand the value patents create, and how difficult they are to enforce....
Patents are often quite narrow and hence can be circumvented...
Enforcing your patent in the courts is a nightmare. Plan on 3-5 years and $3-$5 million to get to a judgment. And then there is the appeal … Usually the stakes and time frame will be too much for a start-up. One of my portfolio companies sued a big company for infringement, and the judge has ruled that infringement occurred, but there are many legal maneuvers available, and the litigation clock and meter tick on in year four. We think the big company wants to make a statement: “let this be a lesson to small companies that have the temerity to sue us for infringement …” Patent litigation is the true sport of kings.>>
http://www.forbes.com/sites/toddhixon/2013/10/04/for-most-small-companies-patents-are-just-about-worthless/
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