TFTSL Excerpt—Episode 06 - To Patent or Not to Patent!
Two experienced entrepreneurs discuss the declining value of patents for venture-backed startups. They argue that spending $25-50K on patents makes little sense when those funds could accelerate market capture, patents take 5+ years to issue, and enforcement costs millions. Biotech remains an exception where patents are essential, but for most tech companies, market power through branding and network effects provides better protection than intellectual property.
