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A simple social media post can work as prior art, especially if it has details or some kind of diagram. But, that only limits their ability to patent it. Your o
by ogou 2y ago
A simple social media post can work as prior art, especially if it has details or some kind of diagram. But, that only limits their ability to patent it. Your own ability to monetise it is not protected by that. For independent inventors, licensing a patent is far more practical and lucrative than actually manufacturing something or releasing complex software packages. If you are raising VC money, having any kind of patent can increase your chances by a substantial factor.
- prennert 2y agoDoes licensing from smaller actors happens much in practice? It feels to me as there is a huge asymmetry of the ability of corps either infringing the patent directly, or circumventing it vs an individuals budget for infringement discovery and lawyers. I wonder even if bigger players like universities have much success in licensing their IP.
- littlestymaar 2y agoI guess if you have a patent and a big corp infringes it, then a patent troll would be more than willing to buy it from you.
- pclmulqdq 2y agoYes, it does, but it often needs at least an implied threat of a lawsuit or some extra deliverables that help implementation of the technology. Patents also turn "I got crushed by Google" stories into legal battles done by patent trolls that often have a decent payoff.