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7. The Relevance of Claim Charts

Value_plus_bidding_war

The chief reason, we believe, that the patent industry coalesced in early 2009 around the idea of using claim charts in patent sales is that these documents serve the paramount interests of both buyers and sellers.

  1. For buyers of web-related patents, the existence of claim charts is the difference between value and worthlessness. This is a critical filter since most web-related patents are worthless.
  2. For the sellers, claim charts are the key to igniting a bidding war. This is critical given the din of noise confronting large buyers inundated with a great many offers to consider.

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