I don’t know, but if I’m guessing I’m saying absolutely yes. What’s your opinion?
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Replying to @Molson_Hart
I think it would be rare/unlikely now in the 18 month timeframe for that much $ (today’s dollars) based _only_ on sale of a _patent pending_ idea to a big co. Sadly I think now more likely big co would infrg and force the fight if patent ever issues. Would love to be wrong.
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Replying to @jamesdavid
His success could’ve been a product of japanese market mania. And he certainly has the sale skills. it seems like big companies know much better today how to manage allegations of patent infringement through better lit. Management and blowing up patents
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Replying to @Molson_Hart @jamesdavid
“manage allegations of patent infringement” = lobbying & efficient infringement | invention didn’t change, the law was changed by the infringers
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Replying to @moskowitz @jamesdavid
How so? Did the aia make it easier to infringe?
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Replying to @Molson_Hart @moskowitz
Yep (ThAnKs ObAmA/GoOgLe). The IPR process of the AIA was implemented in a way that basically meant any patent worth asserting could be ~95% chance be invalidated for roughly $300k In USPTO & legal fees. Mayo/Alice SCt decisions threw a cloud of uncertainty over most patents.
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Replying to @jamesdavid @moskowitz
Courts decide not the uspto ultimately right? And they don’t just use prior art cited by the patent but any prior art I would think? Is this not news because patent attorneys don’t want it to be? Could this contribute to the slowdown in innovation in this country?pic.twitter.com/LafuER34Xf
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Replying to @Molson_Hart @moskowitz
Courts defer to the USPTO IPR process. Usually litigation is stayed pending the IPR proceeding. Tons of games with this. Not (main stream) news because patents boring. I think you’ll find this interesting:https://www.ipwatchdog.com/2017/07/16/real-staggering-cost-getting-patent-ptab/id=85639/ …
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Finding it hard to have sympathy for someone successful enough to spend $17 million on litigation. You can't tell me with a straight face that the money they've made so far isn't sufficient to incentivize new inventions, patent or no patent.
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Replying to @avi_eisen @jamesdavid and
I m the author of that article. I would not do it again. The odds of a positive return on $17M is miniscule, much less than %. Better to buy lottery tickets with the money.
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But you didnt pay the 17 million. Zuru paid that. Correct me if wrong.
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