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Elizabeth Holmes of Theranos has a great quote on this, paraphrased by former Secretary of State George Shultz: "...the best patent is making yourself obsolete
by m52go 11y ago
Elizabeth Holmes of Theranos has a great quote on this, paraphrased by former Secretary of State George Shultz:
"...the best patent is making yourself obsolete. So the person who steals your patent steals yesterday’s technology..." [0]
[0] http://fortune.com/2014/06/12/theranos-blood-holmes/ http://fortune.com/2014/06/12/theranos-blood-holmes/
- adrtessier 11y agoThat statement comes somewhat ironically from a founder that now does not appear to have much of a technology at all.
- magicalist 11y ago> That statement comes somewhat ironically I don't see how. If their technology was already out of date or they were copying patented ideas in their own, maybe.
- robotresearcher 11y agoIt's more that it didn't work, at least not like they made believe. There's not much to make obsolete.