Posts Categorized Financing a Patent Portfolio

Patents Need to Make Business Sense

Patents can be part of an overall business strategy, but they need to make business sense. In our business of investing and financing patent portfolios, we can only invest in patents that have real commercial value. From the startup’s perspective, there are several ways that a patent can have value. Merely having a patent pending… Read more »

Inventions Where BlueIron Will 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… Read more »

How to Find a Good Patent Attorney

How to find a good patent attorney: find two attorneys, and have each one evaluate the other attorney’s work. Here is a simple technique to find a good patent attorney: start with at least *two* candidates. Ask each attorney to give you a sample of their work, and take the sample to the other attorney…. Read more »

Worthless Patents – How to Avoid the Biggest Pitfalls

Worthless patents: they don’t have to be that way. Worthless patents happen for two reasons: the original invention was not selected properly and the patent was poorly prosecuted with the patent examiner. Properly selecting the invention is crucial for getting a good patent. Your conventional patent attorney will tell you if there is prior art,… Read more »

What Do Patents Actually Cost?

How much does a patent cost? The US average is about $60,000. The patent process involves two major phases. Patent “preparation” is when the patent is originally drafted and filed with the patent office, and patent “prosecution” is the back and forth that happens with the examiner. Typically, the patent preparation phase is what an… Read more »

Statistical Correlation Between Patent Ownership and Success

The more patents you own – and the better they are – the better your chances of success. France Brevets, a French sovereign investment fund, has published a report (in English) that correlates success of venture-backed startups with the patents held by the startup. As you would think the chances of success by the company… Read more »

Patent Holding Companies and Ownership Issues

BlueIron uses a conventional patent holding company structure to separate the ownership and control of a patent portfolio. In this construct, an operating company has full control of the assets, even though the patent assets are held in a separate company. The BlueIron arrangement gives the operating company full control of the assets through an… Read more »

Patents that are Bad Stand-Alone Investments

BlueIron’s business model requires patents that have “commercial value” as stand-alone assets. We do not invest in technologies where we don’t think there is a market for the patents alone. BlueIron treats client’s patents like collateral for loans. Our investment is protected only by the value that the patents would have on the open market,… Read more »

How to Finance Getting a Patent?

You can get financing for your patent through BlueIron before you raise money. Entrepreneurs are caught between a rock and a hard place: they need money to get proper patent protection, but they need patent protection to start raising money. What do you do? BlueIronIP finances getting your patent – while you are raising money…. Read more »

Angel Funding Through BlueIron

BlueIron acts as an angel investor, co-investing in your company. The big difference: BlueIron does not dilute your shares. BlueIron invests, on average, $40,000 for each patent your company has. If you do 5 patents, BlueIron will invest about $200,000. If you have 10 patents, BlueIron invests about $400,000. BlueIron’s investment goes into assets that… Read more »