Disguising A NPE As A Startup?

Patent Attorney Leonid Kravets in a Techcrunch blog post asserts that PersonalWeb may be a legitimate startup with a patent monetization strategy as well and not a patent troll. He also has this to say about the proposed SHIELD ACT:

“Certainly, there are compelling reasons for and against the Act and it is worth watching its progress in Congress. However, I am not sure that the answer to the Non Practicing Entity problem is to make patent lawsuits financially untenable for small entities, as there are plenty of legitimate examples of  small companies attempting to enforce patents against wrongdoers. Similarly, as the line between a traditional Non Practicing Entity and an operating company blurs or disappears, we should not assume that every small company attempting to enforce a patent is a patent troll.”

Here is a link to the blog post for more: http://techcrunch.com/2012/09/23/the-death-of-the-non-practicing-entity/

Also note the comments below the post which are worth a read as well. I particularly liked this one:

“PersonalWeb is pretty clearly a troll, though an elaborately disguised one. No real company with product aspirations has so many issued patents but no other even attempt at a revenue stream. None of their products are out, and they have 18 followers on Twitter. If you were going to disguise an NPE as a company, you’d put it right in the middle of east texas to win jury sympathy, throw up a website with elaborate product descriptions and no links to any real products, and then list all of your patents. Which is exactly what PersonalWeb has done. The only link on the website is to contact them to license patents. That’s a pretty damning sign.”

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Filed under NPE Articles, Patent Trolls

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