Two Year Patent Troll Case Ends in Triumph as Gust Refuses to Settle in “Giant Win” for Crowdfunding Industry. Gust, the “world’s largest community of entrepreneurs and early-stage investors”, has won a huge victory in court that impacts the entire crowdfunding industry. Today Gust announced the… Read More
Back in January of this year, Crowdfund Insider covered a patent lawsuit that sought to challenge many of the prominent US crowdfunding platforms in operation today. This included both rewards/donations and investment crowdfunding platforms. AlphaCap ventures, a company that has been described as a patent troll,… Read More
The embedded video below is courtesy of the team at Engine.is, one of advocacy groups battling the issue of patent trolls. Last week the FT highlighted one of the challenges with the debate as it contrasted the opposing perspectives of the tech industry with research… Read More
Crowdfunding platforms just became the latest target for patent trolls – entities that purchase patents, not to produce any goods or services, but to threaten and file infringement suits and attempt to collect licensing fees. Take the case of AlphaCap Ventures, LLC, a company that… Read More
It was revealed earlier this week that a patent infringement lawsuit was filed against Indiegogo, CircleUp, GoFundMe, Kickstarter, Gust, RocketHub & Innovational Funding by Alphacap Ventures LLC for a trial by jury in the Eastern District Court of Texas. Alphacap Ventures is based in California but… Read More
This past Friday a lawsuit was filed in Texas for patent infringement against global crowdfunding platform Indiegogo. The plaintiff in the case is AlphaCap Ventures LLC, a filing associated with a Mr. Charles Ainsworth. Ainsworth is a patent attorney based in East Texas who “has earned a reputation… Read More
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