Why is there no equivalent of the VC industry, but for patentable inventions instead of startups?
If I'm an inventor, and I have an idea for a valuable patented invention, why can't I pitch investors for funding, in exchange for an interest in the IP?
Or *does* this exist?
Conversation
Ugh, Intellectual Ventures.
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Well, is it a bad idea? Why?
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In particular: must Intellectual Ventures-shaped institutions turn out like IV? Or is that parochial? Could its incentives have been perturbed slightly to produce a prosocial outcome?