top | item 43440481

(no title)

elevatedastalt | 11 months ago

Doesn't it cost a lot in legal fee to the troll too? How are they able to finance it given that they are basically a sham company?

discuss

order

conartist6|11 months ago

Because they don't expect to win the lawsuit. Their odds of winning a lawsuit aren't that good, so their goal is to badger a founder into settling. A founder would likely be killing their creative endeavor to become their own lawyer and go to court for themselves, and the trolls choose targets for whom paying a lawyer for the length of one of these trials would be prohibitively costly.

In other words, their real business model, the reason that they can be considered a "safe investment" is that they operate as an extortion racket at scale with the justice system itself as their (free) muscle.

whatshisface|11 months ago

How's this?

1. You buy "litigation insurance."

2. You state that you are insured on your website.

3. The insurance company is required to defend in all patent cases that arise, so there is no doubt that you will be represented in court.

4. Nobody sues.

5. The insurance company makes a profit with no cost or risk.

hattmall|11 months ago

The defense to this is multiple LLCs and licensing schemes. Just like the troll, don't hold any assets in the vulnerable LLC. If Walmart sells a bootleg shirt the IP holder can't sue the company that cleans the parking lot.

ziddoap|11 months ago

It's like spam.

Send out 1,000s of dubious demand letters which don't cost much. Some percent of those will settle with minimal effort on the troll's side. Profit.

Drop the ones that look expensive and hope they don't counter sue.

HeatrayEnjoyer|11 months ago

What would they counter sue for?

Someone1234|11 months ago

The troll is lawyers, so it only costs their own time.

mmooss|11 months ago

Their time is worth more than the $25K they want.