Posted by LOT Network
Startups with less than $25 million in revenue get FREE protection against patent troll lawsuits via a LOT Network membership.
LOT Network is a global non-profit with over 5,000 members, including 3,000+ startups, dedicated to protecting against ‘patent trolls.’ Companies join from all industries to safeguard their innovation and enhance their IP strategies through collective community initiatives. LOT Network provides a collaborative and proactive approach to safeguarding members' innovation while also affirming the traditional use of patents. By joining LOT Network, companies can immunize themselves against lawsuits from Patent Assertion Entities (PAEs) or patent trolls. With over 3,200 global industry leaders and a portfolio of 3,923,321 patent assets, LOT Network continues to grow and provide solutions to IP problems. They have an impressive membership base, including 18 of the top 50 holders of AI patents, 9 out of the top 10 largest holders of blockchain patents, and all of the top 10 largest cloud computing companies and world’s top 7 automakers. LOT Network's mission is to protect and support open innovation while providing members with the necessary resources, events, and leadership to navigate the complex world of patents. In collaboration with MYStartup, startups with less than $25 million in revenue get FREE protection against patent troll lawsuits via a LOT Network membership. Members include: Grab, Qoo10, Alibaba, Toyota, BlackRock, Tencent, and many more. Any company can join LOT Network. Patent Trolls target virtually every industry and companies of all sizes, even companies that own 0 patents. To learn more about LOT Network, visit https://lotnet.com and download their intro-kit here.