Blackbird Technologies brings top law firm experience to bear with small company efficiency. The result is a new model for individual inventors and small companies to monetize their intellectual property.
The Problem
These days, it is almost impossible for individual inventors and small companies to make money from their patents. The system is stacked against them. The cost of litigation against infringers is prohibitive; small to moderately sized cases cost $1M or more. Most monetary awards from litigation of these patents are not sufficient to justify the high costs of litigation, so law firms are not willing to take these cases. Equally problematic, there is a large power imbalance between individual inventors and small companies on one hand, and large corporations on the other. Using this imbalance to their advantage, large corporations will typically buy or license these patents at well below what they are worth. As a result, individual inventors and small companies have no path to realize the real value of their patents.
The Solution
Blackbird Technologies provides a unique opportunity for individual inventors and small companies to realize the value of their patents. Using in-house expertise partnered with highly experienced but efficient law firms, Blackbird Technologies is able to reduce costs and achieve top results. This company creates efficiencies that make it possible for individual inventors and small companies to see the end game – realizing the true value of their patents.