Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Grazer: Companies like Twitter and Tesla pledged purely defensive patent enforcement

Dr. Devorah Grazer · The Patent Pending Secret That Adds $1M to Your Startup Valuation · Jan 28, 2021 · at 31:52

Dr. Devorah Grazer discusses defensive patent pledges and open-source models with host Sean Weisbrot on We Live to Build.

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“Some companies have decided on their own that they will only enforce their patents if someone attacks them first. So Twitter has pledged this Elon Musk in a famous blog post with the title, all our patents are belong to you playing off of the famous meme, all your base are belong to us.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Dr. Devorah Grazer

Assertion Not checkable as stated
Grazer: Filing a patent application typically adds $1M to startup valuation
“Typically filing for a patent application, even before it's granted as an, you know, before it becomes an issue, patent will add a million dollars to the valuation of a startup.”
Dr. Devorah Grazer Jan 28, 2021 ▶ 17:41 The Patent Pending Secret That Adds $1M to Your Startup Valuation
Assertion Contradicted
Grazer: Several Craig Venter genome patents were ultimately ruled invalid
“Indeed a number of the patents that Craig Venter got were finally held not to be valid”
Dr. Devorah Grazer Jan 28, 2021 ▶ 3:21 The Patent Pending Secret That Adds $1M to Your Startup Valuation
Assertion Supported
US law forbids patenting pure genetic material without human manipulation
“So ultimately in the U S it was held that these genes could not be patented. That pure genetic material was not itself Patentable. Only if it was manipulated by humans, for example, for use in making special proteins, could it actually be patentable?”
Dr. Devorah Grazer Jan 28, 2021 ▶ 3:59 The Patent Pending Secret That Adds $1M to Your Startup Valuation
Insight
Grazer recommends 7 to 10 drawings for software and hardware patents
“For example, for software hardware drawings, I recommend that the innovator would have at least seven to 10 drawings. It's a good rule of thumb to make sure you really explain your idea.”
Dr. Devorah Grazer Jan 28, 2021 ▶ 10:22 The Patent Pending Secret That Adds $1M to Your Startup Valuation
Assertion Supported
Grazer: Inventors do not need a working prototype to secure a patent
“You don't actually need to have ever built your idea before you get a granted patent. You can actually just have a really good design, and it has happened that there are innovators who have come up with great ideas, but who haven't managed to make a commercial…”
Dr. Devorah Grazer Jan 28, 2021 ▶ 12:33 The Patent Pending Secret That Adds $1M to Your Startup Valuation
Assertion Supported
Grazer: Initial Patent Applications at Top Firms Can Cost Up to $20,000
“If you go to a fancy firm, you can spend up to 20,000 dollars for the initial application, depending on how much extra work you do with them.”
Dr. Devorah Grazer Jan 28, 2021 ▶ 15:02 The Patent Pending Secret That Adds $1M to Your Startup Valuation
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