J.D. and Matt had a great live with special guest Chad Hillyard of Celerity IP and learned a lot about the telecom world and how many larger companies spend a lot of resources into getting standard essential patents that shape the future of wireless communication. The big upside for having a standard essential patent is that EVERY carrier and handset manufacturer has to pay the inventor a royalty! We also did a Bold Bite on a weather-related invention where the founder invented a novel cover from weather, but was only able to lock in a design patent instead of a utility patent on it. Therefore, he's vulnerable to other manufacturer designing around his specific design. 

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Everything discussed on this podcast is for informational purposes only and not for the purpose of providing legal advice.