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Here is what Lodsys has to say about the creator of the patents it asserts: > Abelow is not an officer or manager of Lodsys Group LLC, he has no interest in Lo
by justinpombrio 13y ago
Here is what Lodsys has to say about the creator of the patents it asserts:
> Abelow is not an officer or manager of Lodsys Group LLC, he has no interest in Lodsys patents, and he does not receive any revenue from the licenses granted by Lodsys in the patents he created.
- jevinskie 13y agoSo Abelow is either a fool for not getting a cut from Lodsys or he is a patent gifting fairy.
- randomfool 13y agoNeither- he already cashed out. He sold the patents years ago. Just like you can sell stock to people completely unrelated to a company, you can sell patents too. Patent trolls are just efficient monetization of patents. The real problem is patent law (and judges preventing class-action to allow more efficient judgement of the validity of patents).