+1.970.776.4355 · Loveland, CO · Russ Krajec, principal Currently accepting Fractional Chief IP Officer engagements →
  • Lots of inventors means lots of problems.

    There are many patents that have many inventors. It is not uncommon to see 4, 5, 6, or even more inventors listed on a patent. In fact, there are over 200 patents with at least 25 inventors – some have 130+ inventors!

  • Patent Value – Revenue is the only factor that matters.

    TL;DR: Realistic patent valuations are based on *context*. I can tell your patent value by how much revenue it produces. If your patent is infringed, I can calculate possible damages and likelihood of recovery. If it is not infringed, it has *potential* value, but not *realized* value. In other words, it does not have value…

  • Cringe-worthy: “There is nothing like it on the market”

    One of my most hated phrases from entrepreneurs.

  • The Myth of an Early Filing Date for a Patent

    Updated 23 Oct 2025

  • Medical Device Patents

    Medical devices and pharmaceutical inventions are a special case of intellectual property and are an interesting case study in the valuation of IP. They are an example of the influence of regulatory risk into a valuation analysis.

  • Who Owns the Invention?

    Many startups fail to have the basic agreements in place so that the company owns its inventions.  Part of this is a failure to put the basic agreements in place for a startup company, and often the failure of the founders to commit to the company at all.

  • Managing the Patent Process

    The patent process begins with selecting an invention and evaluating it as harshly as you possibly can.  Selecting an invention for patenting is an iterative process and expect to go back and forth as new information becomes available.

  • Low Hanging Fruit: How Patent Searches Make Your Patent More Valuable

    One easy way to spot an above-average patent is the References Cited on the front page.  The references are specific pieces of prior art that the examiner considered when evaluating the patent, and they are a good look at how good the patent might be.

  • Questions for Entrepreneurs: Are You The Right Person?

    Entrepreneurs and inventors have eternal optimism, which is contagious. They are animated, motivated, and have relentless energy when they are striving to their goals. They can be immensely fun (and frustrating) to be around. But are the goals the right goals for them?

  • Examples of Undetectable Inventions

    This past week, I looked at a couple companies and their IP. Both had an interesting but fundamental problem that made their IP worthless. We will talk about one of them in this post.