text
stringlengths
11
654
[3245.62 --> 3246.92] really terrible
[3246.92 --> 3247.42] greed
[3247.42 --> 3248.14] is a monster
[3248.14 --> 3249.06] in all of us
[3249.06 --> 3249.72] yes
[3249.72 --> 3251.20] well put Kyle
[3251.20 --> 3253.44] dramatic
[3253.44 --> 3254.30] beer drinking
[3254.30 --> 3255.16] drink beer now
[3255.16 --> 3256.20] so
[3256.20 --> 3257.20] this is
[3257.20 --> 3257.56] this is
[3257.56 --> 3258.30] this is actually
[3258.30 --> 3259.02] this is great
[3259.02 --> 3259.96] so Michael Strapp
[3259.96 --> 3260.82] a partner at Goodwin
[3260.82 --> 3261.58] and one of the
[3261.58 --> 3262.18] guides authors
[3262.18 --> 3262.78] explained
[3262.78 --> 3264.04] why
[3264.04 --> 3265.16] the damages
[3265.16 --> 3266.38] awarded to trolls
[3266.38 --> 3267.00] are disproportionately
[3267.00 --> 3267.42] high
[3267.42 --> 3267.96] so there's an
[3267.96 --> 3269.20] economic model
[3269.20 --> 3270.96] of patent trolling
[3270.96 --> 3271.70] that includes
[3271.70 --> 3272.38] building up
[3272.38 --> 3273.44] like a legal
[3273.44 --> 3274.26] war chest
[3274.26 --> 3275.02] by squeezing
[3275.02 --> 3275.54] settlements
[3275.54 --> 3276.74] from dozens
[3276.74 --> 3277.40] of smaller
[3277.40 --> 3277.94] companies
[3277.94 --> 3279.06] then suing
[3279.06 --> 3279.92] a big fish
[3279.92 --> 3280.50] like a Google
[3280.50 --> 3281.32] or an Apple
[3281.32 --> 3282.20] or something like that
[3282.20 --> 3283.60] so the patent
[3283.60 --> 3284.02] trolls
[3284.02 --> 3285.20] are more capable
[3285.20 --> 3285.82] of absorbing
[3285.82 --> 3286.62] a loss
[3286.62 --> 3288.26] in these litigations
[3288.26 --> 3289.08] because they've
[3289.08 --> 3290.00] got their war chest
[3290.00 --> 3290.58] and
[3290.58 --> 3291.96] they don't have
[3291.96 --> 3292.92] actual
[3292.92 --> 3293.64] you know
[3293.64 --> 3294.26] physical
[3294.26 --> 3295.02] inventory
[3295.02 --> 3296.50] that is going
[3296.50 --> 3297.66] to cost them
[3297.66 --> 3298.28] money
[3298.28 --> 3299.04] if all of a sudden
[3299.04 --> 3300.42] they can't sell it
[3300.42 --> 3300.96] because
[3300.96 --> 3301.72] you know
[3301.72 --> 3302.52] someone sued them
[3302.52 --> 3303.70] over a patent
[3303.70 --> 3304.34] infringement
[3304.34 --> 3304.98] for example
[3304.98 --> 3306.64] the trolls
[3306.64 --> 3307.44] victories in the
[3307.44 --> 3308.08] small suits
[3308.08 --> 3309.06] can be used as
[3309.06 --> 3309.56] evidence
[3309.56 --> 3310.48] in their suit
[3310.48 --> 3311.76] against the big fish
[3311.76 --> 3313.18] something that a big fish
[3313.18 --> 3314.08] going after someone
[3314.08 --> 3315.00] who's infringing a patent
[3315.00 --> 3316.10] won't necessarily have
[3316.10 --> 3317.02] because they might not be
[3317.02 --> 3317.58] chasing down
[3317.58 --> 3318.60] every Tom, Dick, and Harry
[3318.60 --> 3320.16] and then patent trolls
[3320.16 --> 3321.50] normally try to settle
[3321.50 --> 3322.68] outside of court
[3322.68 --> 3323.70] and the big fish
[3323.70 --> 3324.66] will usually just
[3324.66 --> 3325.78] take a big loss
[3325.78 --> 3326.44] up front
[3326.44 --> 3327.32] rather than the
[3327.32 --> 3328.34] guaranteed legal fees
[3328.34 --> 3329.18] to defend themselves
[3329.18 --> 3329.80] and the threat
[3329.80 --> 3330.94] of an even higher fee
[3330.94 --> 3331.84] if the court
[3331.84 --> 3333.14] does find in favor
[3333.14 --> 3333.94] of the troll
[3333.94 --> 3335.94] unbelievable
[3335.94 --> 3336.84] I mean
[3336.84 --> 3337.94] I'm not
[3337.94 --> 3339.68] I'm not a legal expert
[3339.68 --> 3340.74] I think that much