fermion writes: This American Life runs a story this week on Intelectual Ventures, a firm some consider the leader of the patent trolls . The story dwells into the origins of the term patent troll and the rise of the patent troll industry. Much time is spent presenting Intelectual Ventrues both as a patent troll firm and a legitimate business that allows helpless inventors to monetize patents. It is stipulated that Intellectual Ventures does not in fact sue anyone. It is also alleged that the Intellectual Ventures create many shell companies presumable to hid such activity. Intellectual Ventures is compared to a Mafia protection racket that may never actually burn down a business that does not pay the dues, does encourage such burning to occur.
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