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Detailed text transcripts for TV channel - MSNBC - 20131102:09:54:00

business and things like that. you probably want to like register your name, protect that. that s the real if you re a mobile app it costs 5k to get it out. your name is the intellectual property, not the technology. let s move on to the next question. it s about protecting yourself and your company. one much my biggest fears has always been having a larger company or a patent troll bully us around with legal threats, which we just don t have the time and money for. what i d like to know, what is the best way to protect yourself from legal threats of bigger companies or patent trolls? that s interesting. his point is they don t have the time or money. if someone goes after them and they re not violating a patent or doing anything wrong, they still may not be able to fight it. you don t necessarily need to fight it. prevention early on can save you time and money if you get a nasty gram from a troll. you should find a patent lawyer that is really experienced in

Detailed text transcripts for TV channel - MSNBC - 20131027:11:55:00

particular area. and even better in that particular industry of technology because frankly some money on a very sternly worded letter to push back can make things go away. the thing about patent trolls as they work in numbers, they re looking to send these notices out to as many companies as possible and they hope you either rollover or saddle. so you don t need to actually go through protracted litigation to get them off your back. there is interim steps you can take. have you seen this happen a lot? i haven t. i was wondering if i m naive on this, but, you know, i would say don t worry about this, don t put your energy into this negative thinking of, like, a patent troll. i think if a big corporate is, you know, looking at what you re doing, that s good news. maybe sell your company to that big company. this is m&a is where i get excited, i ll get money out of this thing. same for the entrepreneurs. i think that patent trolls wouldn t worry about it. i d be more excited about t

Detailed text transcripts for TV channel - MSNBC - 20131027:11:54:00

name of the business and things like that. you probably want to, like, register your name, protect that, because that s the real if you re a mobile app, it costs 5k to get it out. so it is your name that is probably the intellectual property. not the technology. okay. let s move on to the next question, about protecting yourself and your company. one of my biggest fears has always been having a larger company or a patent troll bully us around with legal threats, which we just don t have the time and money for. so what i would like to know is what is the best way to protect yourself from legal threats of bigger companies or patent trolls. that s interesting. i don t have the time or money, even if someone goes after them and they re not violating a patent or not doing anything wrong, they still may not be able to fight it. you don t necessarily need to fight it. that s where a little bit of prevention early on can actually save you a lot of time and money, if you re a company

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