Hello, Friends! Back again!
Now I will discuss another Ted Talk. Overall, these are super fascinating, and I am glad we had the opportunity to discuss them in class. I will now look at Drew Curtis and his discussion of patent trolls.
Last year, Drew’s company was sued along with MSN & Yahoo by a patent troll- Gooseberry Natural Resources. They owned a patent for news releases via email. It may seems strange, but it can be patented. Take something that is already done and patent it. The problem is that the mechanisms are obscure and most of these lawsuits are settled and disclosed.
However, his company was not in violation of this patent. But when you are sued by a patent troll, you have to prove that you don’t infringe on the patent they are suing you with but this takes so long. It costs $2 million and takes 18 months- and this is the best case scenario. No companies infringed on this patent but they still settled. They settled because it was cheaper. It would also constitute major distraction from your company.
When it finally came around to the discovery phase- Drew asked Gooseberry Natural Resources to send screenshots of his company actually infringing on this patent. However, no such screenshots existed- but all of the sudden they wanted to settle. And wanted to close it out ASAP. His response was “NOTHING”. He didn’t have high hopes for that outcome, but THEY SETTLED! There is no non-disclosure agreement on this case because he took it off.
He learned three things: don’t fight the patent, fight the infringement. Second, make it clear that you have no money or you would rather spend money for your attorney then giving it to them. Thirdly, Make sure you tell them you make this process as annoying and painful as possible- it is generally their policy but use it on them.
Comes down to one thing- don’t negotiate with terrorists (in his words). He says they have done more damage- $500 billion to be exact- to our economy than many other pressing issues. Although, there isn’t a simple solution or a solution- he does have an idea- just do the same!
Overall, it was a very entertaining and funny talk and it was good to learn that in some cases you can have power in these situations.








