patents
also referred to as: patent
5 statements across 5 episodes · 0 bullish · 2 bearish · 4 people on the record · first statement Jun 26, 2017 by Randy Hetrick · across every show →
Everything said about patents, oldest first
Jun 26, 2017 neutral
Enforcing a patent costs at least $500,000 even if settled pre-trial
“The rule of thumb is that it takes about 50,000 bucks to file a patent, right? But the absolute minimum that one should expect when you try to enforce it Is half a million. I mean, that's on the, that's if you settle, right, before court.”
Aug 27, 2018 neutral
Hetrick: Enforcing a patent costs at least $500k even with early settlement
“That the rule of thumb is that it takes about 50,000 bucks to file a patent, right? But the absolute minimum that, that one should expect when you try to enforce it Is half a million. I mean, that's on the, that's if you settle, right, before court.”
Nov 1, 2021 negative
May 20, 2024
Aug 24, 2026 negative
Investing aggressively in brand building beats spending startup resources on patent defense
“Getting a patent is an expensive process, but even more expensive is actually protecting it when you do have infringement. So we felt like it was kind of a waste of resources, you know, instead of playing a prevent defense, it was more about being offensive mi…”