... Intellectual Ventures insist they are not trolls, but rather, promoters of innovation. They buy patents from struggling inventors, which encourages those inventors to go out and invent more stuff. Intellectual Ventures offers an example of such an inventor, a man named Chris Crawford.
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"Intellectual Ventures sold Chris Crawford's patents to Oasis Research on the condition that it get 90% of the net profit. That's 90% of tens of millions of dollars.
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Chris Crawford didn't make out too badly, either. Documents also say that Chris Crawford gets 17 and 1/2% of the money that Intellectual Ventures makes. Now, let's just pause to consider that $100 million for a second. That's $100 million off of one guy's patents. That is a lot of money"
When Patents Attack: How Patents Are Destroying Innovation In Silicon Valley
