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> provide a good or service > profit from doing so Is the first actually a requirement? I can think of plenty of companies that do the second part well, but h
by capableweb 3y ago
> provide a good or service
> profit from doing so
Is the first actually a requirement? I can think of plenty of companies that do the second part well, but have nothing to do with the first one.
- oblio 3y agoYou're misreading the text. They said "provide A good OR service", they're not saying "provide good service".
- capableweb 3y agoI don't think so, I read and understand the "OR" in there.
- endisneigh 3y agoYes? What company makes money without providing goods or services to someone?
- ceejayoz 3y agoComcast?
- endisneigh 3y agoComcast provides plenty of services?
- capableweb 3y agoPatent trolling. Domain flipping. Just two I can think of in 30 seconds, I'm sure there are more out there :)
- endisneigh 3y agoBoth provide services.
- capableweb 3y agoOk, lets hear you argue for what service a patent troll provides.
- endisneigh 3y agoThey provide a license to said patent? Pretty obvious - this is not to say that patent trolls are good, though.
- capableweb 3y agoIf you're licensing a patent to others with reasonable terms, it's not a patent troll. I understand you think they provide a service since you seem to not understand what a patent troll is. As a reminder, a patent troll company is a company "that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or contribution to the prior art" (https://en.wikipedia.org/wiki/Patent_troll https://en.wikipedia.org/wiki/Patent_troll) They don't sell any services, don't do any (reasonable) licensing, nor provide any goods.
- endisneigh 3y agoPatent trolling is not a company category, rather a behavior of a company. Furthermore patents themselves are goods that can be licensed, so my point stands. Not to mention “trolling” is already passing judgement on the activity to begin with. The actual service is licensing. I’ll leave it to the courts to determine whether enforcement of patents qualifies as trolling or not.
- deleted 3y ago[deleted]
- ianceicys 3y agoLook at the corporate raiders of the 1980s. Firing people, loading up a company with debt. And taking them bankrupt makes a ton of money for private equity. No product required, immensely profitable!