Blog
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Voice of the Customer
The only metric of patent value[1] – and business in general. Our business is to loan money using patents as collateral. My most frequent question: How do I put a value on patents? It all…
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Showing Up and the Green Beans
My mantra for grinding out the day to day. At coffee the other day, someone said that showing up on time was the lowest cost, easiest way to get off to a good start. I…
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Patent Attorneys Do Not Live with Their Mistakes
The Feedback Problem in Patent Law. Patent attorneys typically have zero feedback about the quality of their work product. This is an inherent weakness of the whole patent system. The attorneys do not have to…
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Due Diligence and IP Valuation Webinar
The Angel Capital Association hosted a webinar on Due Diligence and IP Valuation. In this webinar, I discussed an IP-backed loan for Ivani, who has an extensive IP portfolio. Note that this is a public…
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IP-Backed Lending In Asia
Intellectual property-backed lending, particularly patent-backed lending, has been growing in Asia, particularly China and Korea. Both countries have made extensive efforts to use IP as a business resource for growing their economies. Maybe the US…
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Why You Cannot Hire a Patent Attorney Who Worked for a Competitor
I talk to countless patent holders, and I often hear that their patent attorney did all this work for a direct competitor before doing their patents. Somehow, the client seems to think this is a…
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The Problems with Your Patent Attorney Owning Stock in Your Company
The Ethical Quandary Patent attorneys are entrusted with the responsibility of safeguarding their clients’ intellectual property. This fiduciary duty requires them to act in the best interest of their clients, providing unbiased and objective legal…
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Patent Attorneys’ Misguided Obsession About Costs
Hand wringing amongst patent attorneys show their misguided view of their clients. Patent attorneys work in a bubble that is completely hidden from laypersons, but is an incredibly loud echo chamber. An example is the…
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Every Word Hurts You: Patent Claims
Every Word in the Description Hurts You, and the Claims Hurt You, Too. The length of the claims really matters. The length of the specification is important – but only up to a point. There…
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How Long Provisional Applications Hurt You
How Your Own Prior Art Can Kill You I had a client whose inventor would write long provisional patent[1] applications. He would think through all the options of his inventions, and he would include every…