n The legal structure is a convertible note, lease-back structure. The IP assets are held in a Special Purpose Vehicle (SPV), which is how virtually all of the Fortune 500 companies hold their IP. nnnn The SPV grants an exclusive license to the startup with a buyout option. The startup can exercise the buyout option…

n Yes! nnnn Just like leasing a car, you have full CONTROL of the IP assets without having to pay the full price up front. nnnn Because you have an exclusive license, you – and only you – decide nhow to use the patent assets. You can enforce, license, sublicense, ncross license, or sell your…

n Financially, a startup’s cost of capital is extremely high – nespecially at the beginning – so every dollar needs to be spent wisely. n Leasing or renting assets is much more capital efficient. nnnn Most startup companies lease office space and even lease furniture nthrough a coworking space.  They lease computer services through Amazon nWeb…

n Yes. The buyout cost for a patent is set up front and will not change. nnnn The buyout is NOT a percentage of patent value, revenue, or any other measure. We do not take warrants, “success fees,” or any type of carry. nnnn Our job is to build Investment Grade Patents for you, not…

n Yes! Our due diligence reports are highly respected by investors. nnnn Our patent financing due diligence process not only evaluates patentability, but also enforceability, the economic advantage of the invention, its value to the startup’s market, as well as its value to competitors. Solid business value is REQUIRED before BlueIron can finance the invention,…

n You have full control of your patents while BlueIron finances them.  However, just like having a landlord for your office space, BlueIron “owns” the patents. nnnn There is a difference between control and “ownership.”  BlueIron “owns” the patents, but you control them. nnnn Having control of the patents means that you get all the…

n BlueIron is taking several risks when financing a patent. nnnn BlueIron is taking the risk that the patent will even issue. nnnn BlueIron is making an investment in researching the invention, writing the patent, and getting the patent through the patent office.  If BlueIron fails to get a patent, you can walk away from…

n BlueIron can get a US patent as quickly as six months or less in some cases.  However, many times it takes 3 to 5 years. nnnn How do we do it? nnnn BlueIron’s founder, Russ Krajec, had the opportunity to join a startup company where we needed patent assets as fast as possible.  In…