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Patent Monetization . Ragnar Olson Global IP Law Group, LLC. Patent Value – Phase I . Patent Valuation. Market Area Digital Media (Streaming/Gaming) Wireless Infrastructure (4G) Smartphone Functionality Social Networking Patent Filing Factors Filing Dates
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Patent Monetization Ragnar Olson Global IP Law Group, LLC
Patent Value – Phase I Patent Valuation • Market Area • Digital Media (Streaming/Gaming) • Wireless Infrastructure (4G) • Smartphone Functionality • Social Networking • Patent Filing Factors • Filing Dates • Issued Patents = Current Claim Coverage • Disclosure/Open Continuations • Worldwide Coverage • Access to Inventors • Reexamination
Patent Value – Phase II Patent Valuation • Infringement • Claim Charts • Independent/Dependent Claims • Reverse Engineering • Financial Analysis • Industry Growth Rates • Royalty Rates • Penetration Rates • Encumbrances • Licensed/Available Market
Monetization Options Patent Valuation • Litigation • License • Sale • Hybrid
Litigation Ways to Monetize • Often Exclusive Monetization Avenue of Law Firms • High Risk/High Reward • Slow – Many Years • Highly Adversarial • Willingness to Participate
Licensing Ways to Monetize • Provides Ongoing Revenue • Still Adversarial • Carrot v. Stick • Creates Significant DJ Risk • Difficult Without Litigation
Sale Ways to Monetize • Lower Risk/ Lower Reward • Variety of Options • Private Sale • Public Auction • Lower DJ Risk/Friendly Transaction
Hybrid Ways to Monetize • Some Upfront Money • Backend Participation • Acquiring Party Has Full Litigation Decision • Seller’s Willingness to Participate • Repurchase Clause
Active Patent Companies Privileged & Confidential Attorney-Client Communication
Buyers Patent Acquirers • Strategic Buyers • Operating Companies • Defensive or Offensive • Will Pay a Premium • Aggressive Non-Practicing Entities • Licensing Companies • Hybrid Option • Defensive Non-Practicing Entities • Acquire Patents on Behalf of Members • No Assertion • May Sell Patents Back Into Market
Results In early 2009, we formed an innovative law firm dedicated to monetizing patent assets through sales, licensing, and litigation. Our partners developed their expertise at elite law firms and an innovative investment bank, and we have a strong mix of corporate and law firm experience (large and small), and have extensive entrepreneurial experience. • Steve Steger Brinks Hofer; Mayer Brown; Accenture; Brunswick; Ygomi • Ragnar Olson Drug Enforcement Administration; Ocean Tomo • David Berten Kirkland & Ellis/Bartlit Beck; founded Competition Law Group in 1999 • Graham Gerst Kirkland & Ellis; U.S. Department of Justice • Cindy Ahn Kirkland & Ellis; Third Wave Technologies (General Counsel) • Since formation, the firm has more than 100 agreements pending or closed, with a total value in excess of $5billion. Global IP Law Group
Thank You Contact Information • Ragnar Olson, Partner • GLOBAL IP LAW GROUP, LLC • 123 N. Wacker Drive • Suite 2350 • Chicago, Illinois 60606 • rolson@giplg.com • Direct: 312.241.1503 • Cell: 312.343.4103