The Truth About How Startups REALLY Get Value Out of Patents

Although most people think of patents being used to actively shut down competitors or preventing someone from stealing an idea, these are not the main ways that startups actually get value from patents - especially at early stages of a company. This video explains how the true value of patents and patent applications comes from their ability to attract investors, partners and customers along with providing a strong deterrent for copiers to enter the market. Additional Patent Resources: - My best-selling book, Patents Demystified: https://amzn.to/2MX5le9 - The top book on licensing your idea or invention: https://amzn.to/3tDLSib (One Simple Idea by Stephen Key) - When to file a patent application: https://www.dwt.com/blogs/startup-law-blog/2020/08/when-to-file-startup-patent-application - Is software patentable: https://www.dwt.com/blogs/startup-law-blog/2020/11/how-to-patent-software - My appearance on CNBC’s “The Profit” with Marcus Lemonis: https://www.cnbc.com/video/2019/11/08/coco-taps-owner-reviews-their-pending-patent-with-marcus-lemonis.html Gear Used to Make This Video: Panasonic LUMIX GH7 - https://amzn.to/3ZiaYom Neewer 230W Video Light - https://amzn.to/3Zrln18 Godox Softbox - https://amzn.to/3VmxHOU Aputure Amaran RGB Tube Lights - https://amzn.to/49n84mX Shure SM58 Microphone - https://amzn.to/4icAvYN Panasonic LUMIX DMW-XLR2 XLR Mic Adaptor - https://amzn.to/3ZAXULW Shure SM57 Windscreen - https://amzn.to/49hPpsx Neewer LED Panel Light - https://amzn.to/3VZwPNn StudioFX Rim/Back Light - https://amzn.to/3GLSZ1u ***** DISCLAIMER: Information in this video is not legal advice and should not be relied on as such. The law can change and the information in this video may be outdated, so you should always consult an attorney regarding your specific issues in view of the current state of the law. ******