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There are people out there gifting their IP to companies? What a crazy world.
by desiderantes 5y ago
There are people out there gifting their IP to companies? What a crazy world.
- pugworthy 5y agoLike most of us are going to go start a company, have it succeed, and let alone base it on 1 or 2 good ideas (when we have many more).
- Cerium 5y agoUsually it is not quite a gift, where I work you get some bonus, something like $1500 for each patent with your name on it.
- pugworthy 5y agoNot to mention I can't hire lawyers, researchers, illustrators, and all the other things my company does for me. It would cost me so much more, both in dollars and time.
- buildbot 5y agoYep! While yeah I am selling IP for some small bonus, it's way, way easier and a guaranteed return on my investment vs. creating a startup or trying to get someone to license a patent. I've done a few patents now at my current job, and it's literally about 4 hours of investment from me for each one to get the summary written up, talk to the lawyers, and then review their patent draft. Also, the patent lawyers I worked with had so much domain experience (ML) that it was kinda scary.
- mellavora 5y agoYeah, on that 'creating a startup' approach. Tried it, indeed much much harder.
- mk89 5y agoWell it depends a lot on the patent, I guess. Some patents are definitely not worth a startup, so probably it's not a bad idea to get some bonus and be done with it. However it's cool for big companies to show they have thousands of patents.
- pugworthy 5y agoIt's cool for individual contributors to say they have 30-40 patents too. We all get our thrills different ways.