Patently Strategic - Patent Strategy for Startups

Patent Monetization: Buying and Selling

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Sep 30, 2021

Guest

Louis Carbonneau

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ANECDOTE

From Microsoft To Patent Brokerage

Louis Carbonneau explains his path from Microsoft litigation to founding Tangible IP and brokering thousands of patents.
He describes starting by helping brokers and growing to close about a deal a month while representing major corporations.

INSIGHT

Market Shift After Alice And AIA

The patent market shifted dramatically after case law and procedural changes like Alice and the AIA.
Today demand falls; buyers are picky and many valid-looking patents face heightened invalidation risk.

ADVICE

Keep Continuations Open

Always keep at least one continuation open in US families to preserve options as case law evolves.
File a placeholder continuation before deadlines to buy time and enable stronger later claims.

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In this episode, we take a deep dive into the war games filled world of patent buying and selling. We are joined today by special guest host, Louis Carbonneau, Founder & CEO of Tangible IP. Mr. Carbonneau is a recognized expert in intellectual property with close to 30 years of professional US, Canadian, and international experience in all facets of intellectual property law and business. His firm is the largest brokerage firm in the world and has transacted over 4,500 patents in the past decade.

When we sat down with Louis, we hoped to be able to provide our listeners with a 101 style talk on the ins and outs of patent monetization. What we got was so much more and so very consistent with our mission of helping our audience see around corners and help their future selves. Louis begins with some excellent historical perspective and an overview of the state of the market, but really drives it all home with a plethora of forward-thinking strategies that make for more robust, defendable, assertable patents. Patents are a long game. The little things you do now can have tremendous impact over the next 15 or more years of your business journey and it’s vital that inventors and practitioners start keeping these strategies in mind, if they have any hope of crafting battle ready, commercial-grade patents.

Louis is joined today by our always exceptional group of IP experts including:
* Ashley Sloat – President & Director of Patent Strategy at Aurora Consulting
* Shelley Couturier – Patent Strategist and Search Specialist here at Aurora
* David Jackrel – President of Jackrel Consulting
* David Cohen – Principal at Cohen Sciences
* Amy Fiene – Patent attorney at Vancott and adjunct professor at BYU
* Neil Thompson – Patent agent at Torrey Pines Law Group

***

** Resources **

* Show notes: https://www.aurorapatents.com/blog/new-podcast-patent-monetization

** Follow Aurora Consulting **

* Home: https://www.aurorapatents.com/

* Twitter: https://twitter.com/AuroraPatents

* LinkedIn: https://www.linkedin.com/company/aurora-cg/

* Facebook: https://www.facebook.com/aurorapatents/

* Instagram: https://www.instagram.com/aurorapatents/

And as always, thanks for listening!

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Note: The contents of this podcast do not constitute legal advice.

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