Intellectual Ventures: Patent Troll Funds Startups, New Products

Ashlee Vance, reporting for Businessweek on Intellectual Ventures’ claim that it’s turning over a new leaf:

There’s no proof yet that IV has mastered that hard part of taking a product all the way to consumers and making it a hit. According to the power brokers in Silicon Valley, IV remains a company with a dark soul that’s using the startup talk as a ruse. “I’ll believe it when I see it and not before,” Thiel says of IV’s claimed transition to a product company.

Same here.

★ Thursday, 4 September 2014