by Mike Masnick
Tue, Apr 6th 2010 12:30pm
Erik Heels, an intellectual property lawyer and a regular Techdirt reader, has put up a nice blog post, explaining why patents rarely make sense for startups (especially if the patents are for software). He notes that, in most cases, filing for a patent is "a waste of time and energy," not to mention money -- not that "your money and time would be better spent hiring programmers, marketers, and a sales force." Indeed. Unfortunately, lots of startups think they need patents -- often erroneously claiming that VCs won't invest without patents. But as many smart VCs point out, having patents for a startup is usually pretty useless. Startups live or die in the marketplace with a product -- and that product is rarely going to wait around for a patent. Focus on building a business, not wasting time and energy on useless patents.
If you liked this post, you may also be interested in...
- How The TPP Agreement Could Be Used To Undermine Free Speech And Fair Use In The US
- Why Princess Twilight Sparkle May Be The Key To Keeping 3D Printing Revolutionary
- Does Patent Licensing by Patent Trolls - Or Anyone - Serve A Useful Purpose?
- TPP Talks Hung Up On Intellectual Property Issues: Maybe Just Drop That Section
- Jury Sympathetic To Life360's CEO Sending 'Dear Piece Of Shit' Letter To Patent Troll; Says Patents Not Infringed