Patents are Value!

There are companies that are built on patents, especially small companies, that are trying to develop in the field. For example, based on a particular product or, a product line, and patents are extremely important for them because patents are value, it’s, an intellectual property is property.

Just as though the company owned a car or a building, or other kinds of rights. You can go to the bank and you can borrow against the patent. And you can finance your company. You can, you can go to venture capitalists and they’ll loan you money based on your patent. And again, especially startups, this is extremely important.