Reboot 2003

Chapter 85 085: The Value of Patents

Lao Chen and his wife had a lively conversation. They didn't seem to fully understand Lao Xu's situation, but Chen Qin understood.

It seems... is also a solution?
Although it is not necessary to make it public, Chen Qin actually doesn't know much about the status of Lao Xu and his wife.

It seems meaningless to take this matter to court seriously. After all, although Xu Lingling's mother ran away with someone, this matter is not a problem that can be solved by law.

But if it involves the possibility of bigamy or fraud, it’s not that there is no room for development... Chen Qin doesn’t know much about this, but at least it will help the company. As for Lao Xu... Chen Qin will not use his personal experience to gamble on public opinion, but if this is Lao Xu’s own idea, then he can’t control it. After all, Lao Xu probably needs to use this opportunity to give him an explanation.

So that night, he didn't let Xiao Sun try to dissuade Old Xu's plan.

And when Xu Lingling's little uncle went home to collect information, Chen Qin also learned more details through the Yanjing lawyer. Old Xu seemed to be planning to spend money to hire a lawyer in the local area, and the object of the lawsuit was Xu Lingling's own mother...

Okay.

Chen Qin didn't care about them. After all, at this moment, the situation of financing negotiations had begun to become clear.

As the main targets of premium acquisitions, Google and Yahoo exceeded 100% of the market's general valuation price. In the competition, Google's sincerity has become more and more obvious-Yahoo has higher requirements for the actual control of the company. If it is a direct acquisition, they can pay 5000 million US dollars.

In contrast, Google can raise funds at a valuation of 2.6 million yuan, and is willing to separately purchase the overseas intellectual property rights of the Kuaikan platform. The negotiations are gradually coming to an end. If there are no major surprises, Google will be the final winner of this investment.

Chen Qin gradually turned his attention to this place, and he didn't care about the family ethics drama of the old Xu family's bullshit. The time was gradually approaching the end of the month, and the first snow of the year fell in Longshan City.

"Students on duty will clean the small blackboard later, and remember to be safe on the way after school! Okay, get out of class is over! Xu Lingfei, pack your schoolbag, and stop by the office before you go home..."

Following Teacher Xiaomeng’s announcement that class is over, another day’s class is over. The third-grade children are pushing tables and chairs, preparing to go home. Boss Chen also put away Wen Quxing. He just calculated a few math problems of multiplying percentages. Such problems should be just right for third-grade pupils. Next, it’s time to go back and talk to Gu Wenjie about his calculation results...

But why was Xu Lingling called by the teacher?
That being the case, let’s wait a little longer. Chen Qinxian went out with his schoolbag on his back. After leaving the gate of the teaching building, the snow had stopped, and the ground was covered with a thick layer of dirty snow, which is quite rare in the south.

Chen Qinha let out a breath of mist, raised his hood and covered his ears.Because gatherings were not allowed at the school gate, he waited on the street opposite the school gate for Xu Lingling to come out and go home together. While waiting, he let his thoughts return to the previous question...

There are three options for selling patents.

One is patent transfer, that is, direct sale.

Google has privately contacted people from the San Diego company, and they are willing to directly buy 500 million patents related to Kuaikan Media. The 500 million is US dollars. Chen Qin has previously registered a lot of patents related to the dsp platform. Although the most valuable of them are several patents on UI interaction and statistical data, the others are patents of a protective nature, and their nature is relatively low.

But all in all, it has formed a fairly good 'patent barrier'. Google sees that it can't get around it, so it plans to buy it directly from Chen Qin, which is a lot of US$500 million. This time, the money they plan to invest in Kuaikan Media is only around US$500 million, and this US$500 million is the money to purchase patents.

Of course, the problem with doing this is also obvious, that is, he has an agreement with Kuaikan Media, and he cannot bypass Kuaikan Media to sell patents; this is actually a natural requirement. After all, patents themselves are intangible assets. If they have not undergone value development, they cannot be worth a lot of money.

However, if the transaction is to be carried out within this framework, the patent must be sold to Google through ad.net, so that part of the money will remain in the company's hands. The current ratio is one-third. Although it is indeed a lot, Chen Qin does not intend to violate the agreement now.

But is it really going to be done?
Of course, 500 million US dollars is a lot, but in fact this money can continue to be discussed.

Of course, it is impossible to catch Google’s wool. If you really want to continue to increase your profits, you have to make a fuss about the patent transfer plan... After all, selling patents is the same as selling domain names.

The patent transfer we are talking about now means that Google can directly obtain the ownership of the patent from him, and then he can use it himself or sell it to others. Maybe he can earn 500 million back in two years. Considering the prospect of the demand-side platform, this is almost a certainty.

To earn this amount of money, it is impossible to rely on buyouts. In this regard, a better solution is patent licensing. If it is paired with exclusive rights, Google can directly buy the license for two or three years.

Of course, this is not the most profitable solution. After all, how much a patent is worth depends on how much value it creates. So there are usually two ways to use a patent. One is to eat upstream and downstream by yourself and keep more resource money in your own hands;

Chen Qin felt a little dazed.

Five million dollars was enough, he had never seen that much money in two lifetimes, but could it really be more?Will there be any other problems in it?He was already thinking about it before, but when he really faced the problem, Chen Qin deeply felt the fact that he was just a primary school student.

For example, the most important question...is this patent useful?Maybe patents can indeed stick to Google's neck, but if Google finds a way to bypass this road after three years, and may not buy it from him after the end of the third year, it will lose the wife and lose the army.

And if he wants to take the open route, he has not been a patent troll before, and he wants to collect patent fees from all over the world. Can he do it as a primary school student?What do you need to hire someone to talk to?

The cold wind was blowing gradually. After school, the children walked out of the school one after another, and the number of people gradually decreased. The road and the snow on the lawn were covered with footprints, and the tempting fragrance wafted from the ramen restaurant behind.

All the students had left, but Xu Lingling hadn't come out yet. Chen Qin came back to his senses and looked around, wondering if he should go in and have a look.

Suddenly, he noticed a woman beside him, who was also waiting across the road outside the school just like him.

Of course, if an adult is waiting to pick up the child, it is also very possible that his child is punished by the teacher.

However, Chen Qin noticed that this person was wearing a thick down jacket, a cotton cap, and a scarf covering his face, so that was fine.

There was a pair of sunglasses hanging on this person's face, and the whole person was covered tightly. If you don't know, you might think that some celebrity is guarding against the paparazzi.

(End of this chapter)