Blog
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Beware of (some) Angel Group’s Due Diligence
Not all “due diligence” is created equal. There are hundreds of angel groups all across the country, and each one has a different flavor. Some are occasional “dinner clubs” fashioned after Shark Tank, where a…
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Smaller Companies CAN Use IP to Protect Against Bigger Competitors
“Grown ups” use patents to their strategic advantage. https://www.dvidshub.net/image/4216831/jltv-fort-mccoy Intellectual property can be a very strategic asset for smaller companies – when done well. Oshkosh Defense, a division of Oshkosh corporation, a $6.6B market cap…
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What Is Patent Infringement?
Patent infringement is when someone else uses your patented idea without permission. The strict, legal definition is when someone infringes or performs every limitation of at least one patent claim. This is found in 35…
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Lawsuit dismissed for undetectable software patent claims
Summary: Undetectable[1][2] claims are a huge problem during litigation. This highlights the disconnect between what the patent attorney does during examination – and what the litigator needs to successfully sue infringers. DataWidget vs Mailchimp Datawidget…
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How Patent Pools Work
Patent pools and standards essential patents are the Holy Grail of intellectual property. Patent pools are sophisticated ways that companies can bring technology together, cross license them, and license that package of intellectual property to…
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Financing patents for pre-angel or pre-seed startups
Good patents only come from a good business BlueIron provides financing for patents – but only when the patent makes good business sense. When we finance patents, we do extensive due diligence to make sure…
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IP Due Diligence Checklist
Due diligence is essential for any business deal, and IP due diligence[1] is shockingly left out of the equation for most angel investors and venture capital investors. Due diligence is hard work. Doing it well…
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Detectability is a Key Factor for Patent Value
Updated 16 Jan 2022. Patents Need to be Detectable. This may appear to be an obvious statement, but people pour money into patents where infringement simply cannot be detected. Here’s a case where undetectable software…
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How Much Does A Patent Cost?
Updated 23 July 2023 The average cost of a utility patent in the US is over $50,000. This is just the cost to file a utility patent application and the patent examination process. It does…
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How Patent Licensing Works
On a small scale, a patent owner might worry about creating patents that can be asserted against competitors. The plan is to stop a competitor from copying. These thoughts are often where a startup stops…