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Is there any current wisdom out there on this? It does seem reasonable to start some patent paperwork if it increases our company's leverage. But how interest
by zach 15y ago
Is there any current wisdom out there on this?
It does seem reasonable to start some patent paperwork if it increases our company's leverage. But how interested are larger companies in this sort of thing?
Is patentability a criterion to think about when choosing the direction of a startup?
- saddino 15y agoIssued patents certainly can add tangible value to a deal, but take years to make their way through USPTO and require a lot of money to file, respond to office actions and the examiner. However, most startups with time and not too much $ can file a provisional patent for "patent pending" status, which is likely what Punchd has. It's really just a way to extend the patent filing deadline an extra year. Thus the value of an un-examined, pending patent to a deal is negligible -- especially to Google. Most pending patents are never granted.