Financing a Patent Portfolio
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 the patents will have value before our investment. We have skin in the game. In this article, we talk about…
Read MoreHow Much Does A Patent Cost?
Updated 16 Jan 2022 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 not cover the cost of enforcing your patent, which can be in the millions. All patent owners should have patent…
Read MoreThe “Walking Malpractice Suit”
The Attorney/Client Relationship for Patent Attorneys has Some Weird Nuance. The fiduciary responsibility (and the fear of being sued for malpractice) is why attorneys explain everything in dreadful detail. It is not just that they bill by the hour. The attorneys are trying to lay all the options out on the table and make sure…
Read MoreStartup Funding: Apply for BlueIron Non-Dilutive Funding
BlueIron provides non-dilutive startup funding. BlueIron provides $60K or more non-dilutive startup funding for companies with great inventions. Our model is to invest in the full cost of getting patents for a company, including international (PCT) filing and expediting the patent through the United States Patent and Trademark Office. We fund companies *before* angel or…
Read MoreUSPTO Abandonment Rate Nearly Tripling Since COVID
Patents are being abandoned at historically high rates, pointing to a lack of confidence in the future. An updated analysis by BlueIron shows that the COVID crisis has markedly affected business’s IP strategy. A previous analysis done in March is here. The abandonment rate has shot up since COVID started, especially for Small Entities, which…
Read MoreWhy Your Patent Attorney Does Not Want Your Patent To Be Granted
There is a perverse incentive for your patent attorney to *not* get your patent allowed. It is called “money.” Clients are at the mercy of their patent attorneys. For small companies who do not have inhouse patent counsel, they outsource their patents to outside counsel who have a financial incentive to keep a patent pending…
Read MoreAre you thinking of giving up on your patent application? Think again. Patent financing is available.
Many companies are abandoning their patent applications. In fact, the abandonment rate has tripled since the Covid-19 crisis began. However, there is specialized financing to keep your patents pending – and even build out a bigger portfolio – so you will be in a powerful position when the economy opens up again. BlueIron is the…
Read MoreCramdowns, Receivership, Bankruptcy – Why Patent Financing is Good for Founders and Angels.
BlueIron’s patent financing puts your IP in a Special Purpose Vehicle (SPV) – an LLC that holds your patents. It can be thought of as a lease with a buyout option – similar to leasing a car. A special feature is that it can help you survive a cramdown, receivership, or bankruptcy of your portfolio…
Read MoreWhat Are The Costs To Enforce or Defend a Patent?
Two stages of litigation: claim construction and the trail. Post Grant Review (or Inter-Partes Review) Patent litigation can be very expensive, and the costs of litigation go up considerably with the amount of money at risk. Not to mention, just getting a patent can be very expensive. The risk of patent litigation can be handled…
Read MoreInventions Where BlueIron Does NOT Invest
There are some inventions where BlueIron will NOT invest. I see an obnoxious number of inventions and patents from startups. I estimate that I encounter 10-20 inventions per week lately, and many are not good candidates for us to invest. It is heartbreaking to say “no” to inventors where the invention does not seem to…
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