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(Bloomberg) Video FARK's Drew Curtis appears on Bloomberg Television's "Money Moves" and tells how to beat patent trolls at their own game   (bloomberg.com) divider line 43
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3713 clicks; posted to Main » on 22 Mar 2013 at 6:07 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-22 12:21:52 AM
"It's like coming out against child molesters."

Drew, promise me you'll never change. Good interview.
 
2013-03-22 12:52:18 AM
DREW BEATS OFF PATENT TROLLS!''


/Bring your own gym sock, folks
 
2013-03-22 01:42:27 AM
I've said this for years about almost all lawsuits. I'd rather spend $100k fighting a frivolous lawsuit than settle for $5k.  $5k is cheaper than $100k but if you pay the $5k you'll have another suit next week. Then another, and another and another....

Spend $100k fighting and winning, or even making it so costly and not worthwhile for the other side even if they 'won' will mean far far fewer lawsuits down the line. It's the legal version of beating up the bully on the first day of school. You'll be left alone from then on.


/The other side of this strategy is settle and pay out when you genuinely are in the wrong.
 
2013-03-22 01:46:01 AM

Flint Ironstag: I've said this for years about almost all lawsuits. I'd rather spend $100k fighting a frivolous lawsuit than settle for $5k.  $5k is cheaper than $100k but if you pay the $5k you'll have another suit next week. Then another, and another and another....

Spend $100k fighting and winning, or even making it so costly and not worthwhile for the other side even if they 'won' will mean far far fewer lawsuits down the line. It's the legal version of beating up the bully on the first day of school. You'll be left alone from then on.


/The other side of this strategy is settle and pay out when you genuinely are in the wrong.


You're ignoring current corporate theology. "Pay them off and don't impact our stock options."

Kinda hard to fight against that without a wholesale theological reform.
 
2013-03-22 02:03:57 AM

NewportBarGuy: Flint Ironstag: I've said this for years about almost all lawsuits. I'd rather spend $100k fighting a frivolous lawsuit than settle for $5k.  $5k is cheaper than $100k but if you pay the $5k you'll have another suit next week. Then another, and another and another....

Spend $100k fighting and winning, or even making it so costly and not worthwhile for the other side even if they 'won' will mean far far fewer lawsuits down the line. It's the legal version of beating up the bully on the first day of school. You'll be left alone from then on.


/The other side of this strategy is settle and pay out when you genuinely are in the wrong.

You're ignoring current corporate theology. "Pay them off and don't impact our stock options."

Kinda hard to fight against that without a wholesale theological reform.


That's the problem. It's a far better solution in the long term.  Today's CEOs only care about this quarter and this year. It's only actual business owners like Drew who can see the long term big picture and realise it's worth it.
 
2013-03-22 02:04:33 AM
(The video is unplayable, so didn't see it.)

Now there's an expert to call in for an opinion on trolls. But PATENT trolls?

Did Drew get sued by the people claiming to own:

1. An apparatus comprised of one, or a plurality, of programmable computing devices, whereupon a plurality of geeks aggregate bits of news in a desperate attempt to achieve light emission of approximately 550nm from the submitted text characters, and;

2. The apparatus in (1) whereby a golden, carbonated, liquid, containing a singular percentage of alcohol is introduced thereupon
 
2013-03-22 02:12:51 AM

Flint Ironstag: Today's CEOs only care about this quarter and this year. It's only actual business owners like Drew who can see the long term big picture and realise it's worth it.


Couldn't have said it better,
 
2013-03-22 02:13:26 AM
Sadly, you can see the drinking from stress has taken its toll. Drew looks like younger, yet puffy, Breitbart.

/I keed, I keed
 
2013-03-22 03:41:23 AM
Which historic inventor was basically a patent troll himself? Edison?

I seem to recall reading how he liked to find out about others inventions that might be better than his, then run down to the patent office and file before they did. He also challenged patents in court if someone invented something close to, maybe better than, but not the same as his stuff.

Basically, he was a pain in the arse.

It just chaps my arse that people can so easily use the legal system to make bundles of money that the entire concept of society has changed dramatically since I was in school. Everyone is afraid of being sued and people are now able to sue for nearly anything.

It's pretty bad when lawyers manage to alter the laws to enable themselves to make major bucks.

I see the many legal advertisements on TV and remember when we used to consider such actions as 'ambulance chasing'. Look at the actions of the music industry in suing anyone they possibly can over file sharing 'their' music. Of course, ever since the ability to easily record music has been available, such as with small, battery operated tape recorders, folks have done so, usually from radio stations.

It reminds me of debate class in school, where you had to defend or attack a subject regardless if you were for or against it or even knew much about it. He who had the ability to twist the truth the best usually won.

The old handshake to seal a deal has now turned into a 20 page contract, covering all possibilities anyone can dream of, including the improbable.

Like the old joke about insurance: the policy paid off if the owner was hit by lightening, on a clear day, in the middle of an empty field, between sunrise and noon, in October during a full moon and on a Tuesday.

My own city has cancelled some nice public works projects because of potential liability. Especially those involving things for teens.

I used to be a Scout Master for Boy Scouts but there's no way I'd do it now. The opportunities for being sued by the parents are just enormous and if you get accused of anything even remotely resembling sexual misconduct, your life is ruined and you can't even restore your reputation when found innocent by suing the accuser.

I know two people who sued their employers for serious injuries caused in the line of duty and each had to fight for a decade as lawyers delayed the cases, made them spend more and more money and tried to bankrupt them to cause them to drop the suits.

Back in the 80's, folks found out how to make a lot of money by suing over nearly anything and we've been f**ked ever since.
 
2013-03-22 04:53:34 AM

Flint Ironstag: I'd rather spend $100k fighting a frivolous lawsuit than


Most people don't have $100k to spend fighting a lawsuit.

Hence why it should be FREE to defend yourself against a lawsuit. It should cost the plaintiff money to pay for these suits, but not for the other guys to defend themselves.

Drive them out of business, then execute them and the lawyers who were unscrupulous enough to work for them. I call it the "Good Start" act.
 
2013-03-22 05:03:59 AM

Flint Ironstag: It's only actual business owners like Drew who can see the long term big picture


Truly, that philosophy finds its highest expression in Fark.
 
2013-03-22 05:47:01 AM

acanuck: (The video is unplayable, so didn't see it.)

Now there's an expert to call in for an opinion on trolls. But PATENT trolls?

Did Drew get sued by the people claiming to own:

1. An apparatus comprised of one, or a plurality, of programmable computing devices, whereupon a plurality of geeks aggregate bits of news in a desperate attempt to achieve light emission of approximately 550nm from the submitted text characters, and;

2. The apparatus in (1) whereby a golden, carbonated, liquid, containing a singular percentage of alcohol is introduced thereupon


Nope. Here's the TED Talk he gave in 2012 regarding his battle with a patent troll.
 
2013-03-22 06:14:12 AM
This was the thread where Drew explained that Fark was getting sued in the first place:  http://www.fark.com/comments/blog205

And his announcement thread when he beat them:  http://www.fark.com/comments/blog235
 
2013-03-22 06:23:18 AM
Can someone provide a link to the video that is smart phone friendly?
 
2013-03-22 06:25:04 AM
Drew: "If you can beat one of them off..."

Giggity

Seriously: Well done Drew.  Many others would have backed down or paid them off.
/salute
 
2013-03-22 06:30:03 AM
I'd just love Drew to post in this thread saying "Damn Right You Farkers!"
 
2013-03-22 06:41:31 AM

Rik01: Which historic inventor was basically a patent troll himself? Edison?

I seem to recall reading how he liked to find out about others inventions that might be better than his, then run down to the patent office and file before they did. He also challenged patents in court if someone invented something close to, maybe better than, but not the same as his stuff.

Basically, he was a pain in the arse.

It just chaps my arse that people can so easily use the legal system to make bundles of money that the entire concept of society has changed dramatically since I was in school. Everyone is afraid of being sued and people are now able to sue for nearly anything.

It's pretty bad when lawyers manage to alter the laws to enable themselves to make major bucks.

I see the many legal advertisements on TV and remember when we used to consider such actions as 'ambulance chasing'. Look at the actions of the music industry in suing anyone they possibly can over file sharing 'their' music. Of course, ever since the ability to easily record music has been available, such as with small, battery operated tape recorders, folks have done so, usually from radio stations.

It reminds me of debate class in school, where you had to defend or attack a subject regardless if you were for or against it or even knew much about it. He who had the ability to twist the truth the best usually won.

The old handshake to seal a deal has now turned into a 20 page contract, covering all possibilities anyone can dream of, including the improbable.

Like the old joke about insurance: the policy paid off if the owner was hit by lightening, on a clear day, in the middle of an empty field, between sunrise and noon, in October during a full moon and on a Tuesday.

My own city has cancelled some nice public works projects because of potential liability. Especially those involving things for teens.

I used to be a Scout Master for Boy Scouts but there's no way I'd do it now. The opportunities for being sued by ...


You have made me sad, Rik01, because what you said is bleak but so, so true.
 
2013-03-22 06:46:02 AM

Flint Ironstag: I've said this for years about almost all lawsuits. I'd rather spend $100k fighting a frivolous lawsuit than settle for $5k.  $5k is cheaper than $100k but if you pay the $5k you'll have another suit next week. Then another, and another and another....

Spend $100k fighting and winning, or even making it so costly and not worthwhile for the other side even if they 'won' will mean far far fewer lawsuits down the line. It's the legal version of beating up the bully on the first day of school. You'll be left alone from then on.


/The other side of this strategy is settle and pay out when you genuinely are in the wrong.


These bastards like to attack start ups and small businesses. In that case it comes down to settle or go out of business.

I own a small business, and I was involved in a nuisance  lawsuit. Here's how it was laid out to me. Settle my part of the suit: $1,000. Fight, and the case get's thrown out: $10,000. Fight and win, but the case goes to trial: $100,000+. Fight and lose.... $100,000 in defense costs, + whatever the jury awarded for damages. Of course the damages part doesn't matter, because just the cost of defense would have been ruinous. Also, even though we had an open and shut case, juries are notorious for ignoring the law. That and the plaintiff filed the lawsuit in an area that nearly assured that he would get an inner city, predominantly minority, jury.

And that's what these farks do. They go after the easy marks. They make the cost of settling so much cheaper than fighting, that a small business has no choice but to settle.
Or as drew mentioned, they wait till a critical moment for start ups. These companies have little choice but to settle; or even a total bullshiat suit destroys them.
 
2013-03-22 06:56:32 AM

BigBooper: Flint Ironstag: I've said this for years about almost all lawsuits. I'd rather spend $100k fighting a frivolous lawsuit than settle for $5k.  $5k is cheaper than $100k but if you pay the $5k you'll have another suit next week. Then another, and another and another....

Spend $100k fighting and winning, or even making it so costly and not worthwhile for the other side even if they 'won' will mean far far fewer lawsuits down the line. It's the legal version of beating up the bully on the first day of school. You'll be left alone from then on.


/The other side of this strategy is settle and pay out when you genuinely are in the wrong.

These bastards like to attack start ups and small businesses. In that case it comes down to settle or go out of business.

I own a small business, and I was involved in a nuisance  lawsuit. Here's how it was laid out to me. Settle my part of the suit: $1,000. Fight, and the case get's thrown out: $10,000. Fight and win, but the case goes to trial: $100,000+. Fight and lose.... $100,000 in defense costs, + whatever the jury awarded for damages. Of course the damages part doesn't matter, because just the cost of defense would have been ruinous. Also, even though we had an open and shut case, juries are notorious for ignoring the law. That and the plaintiff filed the lawsuit in an area that nearly assured that he would get an inner city, predominantly minority, jury.

And that's what these farks do. They go after the easy marks. They make the cost of settling so much cheaper than fighting, that a small business has no choice but to settle.
Or as drew mentioned, they wait till a critical moment for start ups. These companies have little choice but to settle; or even a total bullshiat suit destroys them.


This is why it should be free to defend yourself from such a suit. Call your local lawmaker today.
 
2013-03-22 07:12:06 AM
Great interview and advice!!
 
2013-03-22 07:45:42 AM
Jokes on you Bloomberg, I have a patent on interviewing Drew Curtis by a hottie brunette! My lawyer shall contact you shortly.
 
2013-03-22 08:09:29 AM

DoBeDoBeDo: Jokes on you Bloomberg, I have a patent on interviewing Drew Curtis by a hottie brunette! My lawyer shall contact you shortly.


You should offer to settle for a big gulp of Mountain Dew. And if he doesn't settle you'll drag things out in court for decades!

Yea, yea, Michael Bloomberg  doesn't own the channel anymore. That's the brilliant part! sue anyways!
 
2013-03-22 08:10:30 AM

acanuck: (The video is unplayable, so didn't see it.)

Now there's an expert to call in for an opinion on trolls. But PATENT trolls?

Did Drew get sued by the people claiming to own:

1. An apparatus comprised of one, or a plurality, of programmable computing devices, whereupon a plurality of geeks aggregate bits of news in a desperate attempt to achieve light emission of approximately 550nm from the submitted text characters, and;

2. The apparatus in (1) whereby a golden, carbonated, liquid, containing a singular percentage of alcohol is introduced thereupon


I take it you write (or read) patent text frequently.

They are a unique literary genre where engineers write system descriptions for lawyers (that the lawyers don't really understand) and then the lawyers translate those documents into legalese, which the engineers don't understand, and so we're left with documents that no one on the planet can understand.
 
2013-03-22 08:16:41 AM

NewportBarGuy: "It's like coming out against child molesters."

Drew, promise me you'll never change. Good interview.


That was a great highlight there, the women doing the interview though, her reaction to that? Priceless.
 
2013-03-22 08:17:01 AM
I recall some dad who filed a patent because his kid 'invented' a method of swinging on a playground swingset where he pushed on one side of the chain and pulled on the other in an alternating pattern to cause the swing to twist as it moved. They would then go to playgrounds and try and charge a 'royalty' to anyone they caught swinging like that. If they didn't pay they would try and take them to court.

If no one was swinging like that, the kid would start doing it to see if anyone else would, and then the dad would jump on them.

I don't remember what became of this though.

/I did that shiat 30 years ago.
 
2013-03-22 08:17:28 AM

doglover: This is why it should be free to defend yourself from such a suit. Call your local lawmaker today.


I agree, but one of the tactics that these farks use is to set up fake companies that have no assets that bring the suits. Even if they are counter sued for court costs, they just fold the front company and the party that wins against them don't see a cent. If I remember right, In Drew's case, the address of the company that sued him was an empty office.

Anyone who thinks that our patent and legal systems need major overhauls are the jackholes who game the current system.
 
2013-03-22 08:30:52 AM

BigBooper: doglover: This is why it should be free to defend yourself from such a suit. Call your local lawmaker today.

I agree, but one of the tactics that these farks use is to set up fake companies that have no assets that bring the suits. Even if they are counter sued for court costs, they just fold the front company and the party that wins against them don't see a cent. If I remember right, In Drew's case, the address of the company that sued him was an empty office.

Anyone who thinks that our patent and legal systems need major overhauls are the jackholes who game the current system.


Lawyers without honor are the problem. Legalizing hempen rope is the solution.
 
2013-03-22 08:31:03 AM
I think someone should patent the strategy of pretending to be an internet entrepreneur in college so you can get laid.
 
2013-03-22 09:05:56 AM
I just saw his interview on TED a couple hours ago.  What a fricking horrible phenomenon.  Glad people like Drew have the balls to stand up to these assholes.
 
2013-03-22 09:06:17 AM
Would have liked to watch but between noscript and ghostery bloomberg made this way too fu&king convoluted to enable whats needed to view the video so fu&k bloomberg.
 
2013-03-22 09:25:01 AM
www.mattchapmanonline.com
 
2013-03-22 09:30:13 AM
 
2013-03-22 10:18:36 AM

doglover: Flint Ironstag: I'd rather spend $100k fighting a frivolous lawsuit than

Most people don't have $100k to spend fighting a lawsuit.

Hence why it should be FREE to defend yourself against a lawsuit. It should cost the plaintiff money to pay for these suits, but not for the other guys to defend themselves.

Drive them out of business, then execute them and the lawyers who were unscrupulous enough to work for them. I call it the "Good Start" act.


And when a big company steals an idea from a private person or a small business, who pays then?
 
2013-03-22 10:34:19 AM
I heart Deirdre Bolton.

Keep fighting the good fight, Drew.
 
2013-03-22 10:57:37 AM
The real question is did he hit dat ass?
 
2013-03-22 11:03:06 AM

BigBooper: doglover: This is why it should be free to defend yourself from such a suit. Call your local lawmaker today.

I agree, but one of the tactics that these farks use is to set up fake companies that have no assets that bring the suits. Even if they are counter sued for court costs, they just fold the front company and the party that wins against them don't see a cent. If I remember right, In Drew's case, the address of the company that sued him was an empty office.


Difficult part there is that you have to have an actual claim. You can't just countersue for costs on the theory if "if you lose, therefore your case was frivolous and you owe me money," and proving that a claim is actually frivolous can be difficult.
The proposed SHIELD act may be some help there since it requires NPE plaintiffs to put up a bond for court costs... but it's currently a bit vague - it says the plaintiff pays when an infringement claim "lacks a reasonable likelihood of succeeding" but doesn't say what the standard for that is. Hopefully, it'll get some amendments before it moves forward.

Anyone who thinks that our patent and legal systems need major overhauls are the jackholes who game the current system.

Sure, but the problem there is that you've got tons of people demanding reform while saying things like "all software is obvious and therefore unpatentable" or "the patent system let Apple patent the rounded rectangle, so it should be abolished," and that makes the rest of their demands lose credibility. It's like someone saying the tax code should be reformed, while simultaneously saying that all taxes are unconstitutional. The latter part destroys any credibility the former part would have.
 
2013-03-22 11:40:04 AM
I'm thinking of suing Drew just so I can have him beat me off.
 
2013-03-22 12:04:48 PM
Drew Curtis' FARK's Drew Curtis appears on Bloomberg Television's "Money Moves" and tells how to beat patent trolls at their own game

FTFY
 
2013-03-22 12:19:56 PM
I ought to sue Drew for using that laptop RNG during our DnD sessions in the 90s.  We all know those things aren't truly random.
 
2013-03-22 12:29:14 PM
I'm glad I'm not the only one of here who giggled with Drew said:  "If you can beat them off." Teeeheee
 
2013-03-22 12:48:36 PM

Amos Quito: DREW BEATS OFF PATENT TROLLS!''


/Bring your own gym sock, folks


Dmmit. Sucks to be out here in Western time zones. All the good comment snippets already taken

/deletes paste "Drew said beat off"
 
2013-03-22 01:54:59 PM

Herr Morgenstern: Can someone provide a link to the video that is smart phone friendly?


Try this one.
 
2013-03-23 05:06:48 PM

Clemkadidlefark: Amos Quito: DREW BEATS OFF PATENT TROLLS!''


/Bring your own gym sock, folks

Dmmit. Sucks to be out here in Western time zones. All the good comment snippets already taken

/deletes paste "Drew said beat off"


nononono don't stop, keep going
 
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