The only way for your patent to be valuable is to bring a product to market.
This post was published on Medium. You can read it here.
This post is an excerpt from my upcoming book "Startup IP..
Financing patents through BlueIron is actually cheaper than paying as you go with a conventional patent attorney. This is because the cost of capital for startup companies is so high.
You should almost NEVER file a provisional patent application. In virtually every case, a small company or independent inventor is better off by filing a complete, well-written, non-provisional..
We evaluate patents every day. We underwrite investments in intellectual property, either for financing patents before they are written or for providing loans against patents that already exist. ..
In almost all circumstances, an entrepreneur or startup company should NOT get a provisional patent application. The main purpose of the provisional patent application is to *delay* the patent..
The average patent costs about $60,000, and most of that goes to your patent attorney. How much do patent attorneys charge? Be prepared to pay them about $45,000 through the entire process.
How much does the average patent cost? The average patent cost about $60,000. The patent process involves two major phases.
Patent "preparation" is when the patent is originally drafted and filed..