Patent privateer

Have you ever played with a toy that you really liked and didn't want anyone else to play with it? It's like you want to keep it all to yourself. Now, imagine you are a company that made a new invention, something that no one else has ever made before, and you want to make sure no one else can make it either because it will make you a lot of money. That's where patent privateers come in.

Patent privateers are like the big brothers or sisters of companies who have patents. They don't make anything themselves but can get hired by companies who have patents to go after other companies who might be copying their invention. It's like hiring a superhero to save your invention.

When a company hires a patent privateer, they give them permission to use their patents to sue other companies that may be infringing on their rights. In exchange, the patent privateer gets to keep a portion of any money that is won from the lawsuit. It's like a big treasure hunt where the patent privateer gets a reward for finding any companies that are breaking the rules.

Some people think that patent privateers are just trying to make money without actually creating anything themselves, but others think that they are doing something important by protecting the rights of inventors. It's like having a big brother or sister who protects your toys from being taken by others.