If you’re a startup, you’re a target
Patent assertion entities (PAEs, or sometimes called “patent trolls”) make money by buying patents and then suing companies in order to monetize them.
With limited capital with which to defend lawsuits, and no in-house IP counsel, PAEs know that startups are more likely to settle than fight…making them easy money.
That’s why so many leading tech companies, startups, and small businesses have joined LOT Network. LOT’s unique approach of immunizing member companies against the patent troll threat makes it the fastest growing, most cost-effective solution out there.
You don’t have to
own patents to be sued
PAEs can target you based on third-party technology that you use every day for your business.
Companies that haven’t joined LOT are at a significant disadvantage. Why? Because PAEs are already able to isolate and target those who aren’t in the network. And the longer you delay joining LOT Network, the fewer assets you’re protected against.
LOT is free for startups
Our members believe in protecting innovation, so LOT membership is free for companies that make less than $25 million in revenue a year.
There is no downside: all the traditional uses of patents are unaffected when you join LOT Network. If you own patents, you are still free to sell them to anyone, and use them to sue other companies for infringement – even other LOT Network members.
50%+
of companies sued by PAEs have less than $25 million in annual revenue
60%+
of companies targeted
own no patents
70%+
of companies sued
own < 10 patent families