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What should a 2-3 person startup do if they find themselves in such a situation (i.e. get sued by a patent troll)?
by tathagatadg 14y ago
What should a 2-3 person startup do if they find themselves in such a situation (i.e. get sued by a patent troll)?
- tuxidomasx 14y agoThis makes me wonder if there is a market for patent troll insurance. Pay a small monthly fee and get legal protection or money to hire your own counsel in the event of a lawsuit. It seems to be a pain point that small startups worry about, since it can be pretty deadly to a busines, even if they are innocent.
- astrodust 14y agoAh, you mean what Intellectual Ventures was supposed to be? Pay a small membership fee to have access to their "technology" as well as immunity from being sued with regard to their patents. It's not unlike the mob, though, having to pay a 'protection fee'.