Published at LXer:

We've obviously been highly critical of Intellectual Ventures over the years, as the company is doing tremendous harm to the innovation world by effectively setting up tollbooths and legal threats that take money away from actual innovation and funnel it into inefficient uses. Recently, we wrote about how another firm, IP Checkups, was planning to unveil Intellectual Ventures' infamous web of shell companies, which it uses to shuffle patents around, to hide who the real beneficial holders of the patents are. In response to this, the Spicy IP blog did interesting interviews with both IP Checkups and with Intellectual Ventures. Intellectual Ventures was represented by Nicholas Gibson, International Marketing Director at the firm. You can read the two interviews, but I just wanted to focus on one of the more ridiculous, and blatantly intellectually dishonest statements of Gibson's. IV management is somewhat infamous for these kinds of things, but they really ought to be called out on their bullshit more frequently.

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