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Patent troll tales: Lee Cheng, Newegg

311 pointsby izquiover 8 years ago

13 comments

tnt128over 8 years ago
Wonder if it's possible to have a 'NATO like' alliance among the smaller companies that pools the resource together to fight patent trolls, and basically make it clear that these are the companies that will never settle with you, and will utilize pooled resource to fight against the patent trolls to the end.
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ikeboyover 8 years ago
&gt; It is not just in this century, execution has always been king, in fact many kings have been executed by future kings.<p>He certainly has a way with words, this made me laugh.
seibeljover 8 years ago
What software is even patentable anymore? Some light reading of articles and wikipedia[0] makes it appear that post-Alice Supreme Court ruling anything mathematical, or anything that is an abstract idea implemented by a computer, is not patentable. I&#x27;m struggling to think of what is left. Cryptography is pure math, as is data compression. Is a specific type of UI patentable?<p>[0] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Software_patents_under_United_States_patent_law#What_software_patents_will_survive_Alice_analysis.3F" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Software_patents_under_United_...</a>
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izquiover 8 years ago
We had the pleasure to interview our advisor Lee Cheng on his experience fighting trolls.<p>If you have any questions or comments let us know and we will put them his way!
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jobuover 8 years ago
<i>They will tell you, “you know the cost of litigation is this number”. Which I unfortunately know the cost of litigation is like that. “All we are asking for is a percentage of that cost and then the risk of punitive damages will go away”</i><p>It still amazes me that extortion via lawsuit is legal.
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2bluescover 8 years ago
All the more reason to shop more at NewEgg.
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fapjacksover 8 years ago
This is why I buy exclusively from Newegg. You can get things marginally cheaper on Amazon, but you are feeding the patent troll fighting machine when you buy from Newegg. And the costs aren&#x27;t hugely more than other places. It&#x27;s a few bucks here and there, and I think probably the <i>most</i> important few bucks people like us could spend when buying new hardware.
foscoover 8 years ago
Thanks for sharing this!!<p>I like --&gt; &quot;Execution is the most critical element to success.&quot;<p>time and time again in high stress environments I see that there are people able to continuously execute and implement and those who tend to freeze or request help.<p>I think thriving under pressure is critical as well.
ultramancoolover 8 years ago
Isn&#x27;t the whole point of Musk opening Tesla&#x27;s IP to be able to sell more batteries? It&#x27;s not charity, it&#x27;s a business strategy.
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HillaryBrissover 8 years ago
&gt; You look in contrast everybody who is basically going “mine, mine, mine”. Look at those companies, they are laying people off all the time. They are on the down slope of their corporate cycle. Some of them are huge multi-billion dollar companies but innovation is not coming out of them.<p>A lot of smaller startups seem to fit this description. I wonder which large companies he has in mind though. He named Alcatel as one, I guess. Maybe AT&amp;T as well? IBM? Oracle? I don&#x27;t know. Oracle is making a ton of cash.
ke4qqqover 8 years ago
Good video of a presentation from Lee Cheng earlier this year here:<p><a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=X-yUZW-v0io" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=X-yUZW-v0io</a>
justamanover 8 years ago
If there was ever a time for federal intervention, this is it.
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Zhenyaover 8 years ago
Lee Cheng:Patent Trolls::United States:Barbary Pirates