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NewEgg's Quest Against A Patent Troll

socalTECH

Even fewer might not be aware that they might just owe some thanks to the firm, after it scored a patent win against a so-called "patent troll" which was plaguing dozens of online retailers, demanding licensing terms for using shopping card technology it said it owned the rights to.

NewEgg 182
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FindTheBest Launches Campaign Against Patent "Troll"

socalTECH

Santa Barbara-based FindTheBest , the products review startup headed by former DoubleClick founder Kevin O''Connor, has a new mission in life: fight patent trolls. FindTheBest has launched a major lawsuit in New York, looking to take down a "patent troll" which had demanded that the startup pay the company for violating a patent.

Patents 100
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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M Tags: demand media domain domainer content merger acquisition legitscript. READ MORE>>.

Demand 194
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The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The good news is that a patent can scare off or at least delay competitors, and as a “rule of thumb” patents can add up to $1M to your startup valuation for investors or M&A exits (merger and acquisition).

Patents 100
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Software Patents Have Become a Startup Nightmare

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. This patent holding company has charged infringement and demanded royalties from every app developer for the iPhone and Android, for a feature most agree has been in apps for many years.

Patents 93
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Software Patents are Becoming a Tax on Innovation

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The bad news is that patent trolls can squeeze the lifeblood out of innocent and unsuspecting entrepreneurs, as exemplified by the current mess around Lodsys patent No.

Patents 91
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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding.

Patents 145