patentKO.co m BLT
Aug 26, 2014
patentKO.-com
BLT
The Opportunity
① Over 3,000 NPEs(patent troll) ex-ist around the world, persistently suing innovative companies.
② patent litigation increased 3 times as 2011.
The Opportunity
• The best defending solution is ‘Invalida-tion’.
• But traditional ‘Invalidation’ service sucks!
① Too Expensive, Too Late ( $1,000 per 1 claim / over 4 weeks per 1 invalidation search)
② Can’t BUST plaintiff's patent, (but TOP 10 expensive US Law firms…? maybe.)
The Market
• Estimated sizes of Patent information search market are $636 mil (Japan), $118 mil (Korea), $1.36 bil (US), $910 mil (Europe), $182 mil (China), $3.21 bil (total).
• In 2015, due to the sharp increase of international patent disputes, Patent information search market will reach $4.55 bil.
Targeted market size
source : KIPO, Nov 2012
The Market
Patent & Law Firms
General Company
- 7,000 Korean patent attorneys- 20,000 Korean lawyers- 47,000 patent & law firms around the world- 900,000 patent experts
- Manufacturing, technology companies - Export companies : about 50,000 (KR) – SS, LG, Hyundai- World Wide Tech companies : millions x millions x millions x mil-lions
We are targeting the global market
The Marketpatent KO.com is Pain Killer
The Business Model
Step 2. Data Matching
Keyword
Matrix Step 1. Data Collecting
Matching rate
Editable Invalidity Report
Just InputOpponent’s Patent No.
Domain Big Data Processing
+ data curation
patentKO.com
$50 for each Claims (avg. 40 claims for 1 patent)
The Business Model
The Business Model
Funded $108,000 by Korean Government (SMBA)
+15
The Business Model
The Business Model
Minimizing the initial risk by using an R&D project of the Small and Medium Business Administration
• $200,000 revenue in the second half year is expected since July 2014.• By overseas marketing, we will make more than $2.7 mil revenue yearly.
Short-term
revenue
Short-term
Expenditure