Wednesday May 30, 2012

In Defense Of Patent Trolling

Have you ever really sat down and listened to a patent troll try to defend his position? Head on over to Engadget and you can hear the CEO of Intellectual Ventures do just that.

You may know the man and his company for its vicious patent trolling -- or, what appears to be patent trolling. In essence, a lot of its business comes from acquiring patent portfolios, and then licensing and / or suing companies to "enforce" them. Naturally, Nathan has a radically different perspective than most sane individuals on the matter, insisting that the system isn't necessarily broken, and that "making money from enforcing patents is no more wrong than investing in preferred stock."