Are you saying the litigation funder simply agrees to fight the case and pay all damages in the loss but if they win they get some % of the original settlement?

Are you saying the litigation funder simply agrees to fight the case and pay all damages in the loss but if they win they get some % of the original settlement? That could be interesting, especially if they got very good at defending patent law suits. Most likely after a few cases the patent trolls would simply settle for a lower amount and the litigation funder would pocket the difference. I know the term startup has different definitions, but to me this is more of a law firm then a startup since it would be very difficult to scale.