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Most start ups run out of money before they are sued. Patent trolls tend to go after firms that have money to pay them off. As such, patent trolls are not a con
by dougSF70 5y ago
Most start ups run out of money before they are sued. Patent trolls tend to go after firms that have money to pay them off. As such, patent trolls are not a concern for most founders.
- jsiaajdsdaa 5y agoThat is one option then-- lay low until you have enough money to pay them. But what about psychotic people who are suing you for reasons of harassment? i would be really mad if the reason my business failed was legal stuff and not product market fit
- dougSF70 5y agoA psychotic person who has the money to pay an attorney to draft a law suit....that is more unlikely that building a unicorn and it's a whole lot more productive to focus on that rather than bad actors out to harras you.
- jsiaajdsdaa 5y agoBut I'm making 300k a year with no liability to myself at a big FAANG where seemingly everyone just sits around collecting money. I would like to have a chance at making 10M running my own gig but the threat of being personally sued into oblivion is a big factor in why I haven't even entertained pursuing a public, for profit side project.