Making Sure Your Invention Patent Isn’t Worthless

Most experts agree the vast majority of patents are pretty worthless. Realistically speaking, less than 10% of them will have a real use, and it wouldn’t be surprising if it dips much lower. This just isn’t small-time inventors’ patents, but large companies also register a lot of useless ideas.

When venture capital is looking to back up a patent, they are looking at the second or third patent over the first. Early ideas may be half-baked and nowhere near market maturity, and unfortunately, isn’t viable for investment.