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by pnw_hazor
2208 days ago
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I know a few, at least one asserted one of their few patents against IBM to force a licensing deal -- reversing the direction of the money to the startup instead of them paying IBM. If a startup has some decent patents, they get to have a conversation with companies like IBM that come calling. Otherwise, they have to roll over. Basically, when the IBMs of the world come around demanding a license, you show IBM they are infringing on your patent. In general patents are business assets or business tools. They are important for valuation, among other things. |
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