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We've seen invention companies turn into patent trolls. The latest example - a shell company built around the Nortel patents - is a classic case. A telecom comp
by sounds 14y ago
We've seen invention companies turn into patent trolls. The latest example - a shell company built around the Nortel patents - is a classic case. A telecom company, where it should be easy to sell inventions to upper management, went bankrupt by refusing to innovate. (I know there are other reasons Nortel is dead, I apologize for the simplification.)
I don't believe anyone has ever seen a patent troll "turn from the dark side." It's not just cynicism: a company whose business plan is "aggressively pursue patent licenses" has a fiduciary responsibility to stakeholders to stay the course. It's easier to drive a company into Chapter 11 bankruptcy than convince a majority of stakeholders to unite, pivot, and abandon their cash cow.
The easiest way to defeat patent trolls is to succeed as a startup.