More VCs Recognizing The Problems Of Our Patent System


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Back in December, it was great to see a VC, Greg Blonder, point out why he felt patents hurt innovation , while also taking his fellow VCs to task for their excessive interest in patents. When VCs are investing in companies they're always hoping for some sort of "sustainable competitive advantage" and too often they incorrectly believe (or, perhaps, they just want to believe) patents represent evidence of a sustainable competitive advantage.
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