2 ms·
I am founder of a startup that in discussions with a larger company buying us out. One of the advantages of acquiring a patent is that, a larger company values
by tangerine 14y ago
I am founder of a startup that in discussions with a larger company buying us out. One of the advantages of acquiring a patent is that, a larger company values the patent exponentially more than the money and effort I have spent on getting it. My vague explanation of why it is so is that large corporations have an army of attorneys and can go after the offending party, or may have a track record of patent suits working in their favor.
Personally, getting a patent is also a value-add to my own skill set, for the next time, whenever that is.