Thursday, April 26, 2007

Patent Pirates

Pirate
Altitude Capital Partners, Coller Capital, Rembrandt IP Management and Northwater Capital are venture capital firms with billions of dollars between them, and out to make a quick, easy buck at the expense of others. These dubious venture capital firms are in the business of funding patent trolls -- companies that either file or buy patents with the sole purpose of going to court to collect billions from others who may have developed similar technology or processes protected by patents in-hand. Forbes reports on their war chests, patents secured, and litigation game plan. The whole practice is obscene and a misuse of the law. Read more, and if you're a technology company, be afraid ... be ah-fwaid!

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