You have probably heard of the Big 3 of Lebron James, Dwyane Wade, and Chris Bosh and of the impact they made in the NBA this past off season when the three made the decision to join forces on the Miami Heat. Of course most of that impact has been made in the hype more than the product on the court. That is, so far.
But there is another Big 3 who are making an impact on the court as well, just not the basketball type. Much a-do has been said about the trend of patent infringement litigation taking place in East Texas and the appropriately named “patent trolls” who are responsible for the substantial growth of these cases. But the beginning of this trend was due, in part, to three men: Judge T. John Ward of Marshall, Judge Leonard Davis of Tyler, and Judge David Folsom of Texarkana.
These three men have made an impact due to the consistency in which plaintiffs of patent infringements win their cases in their courts. Now, there is no way we can say if these findings are not legitimate, but what we can say is that the perceived favoritism towards these plaintiffs has opened up a can of worms. Like sharks smelling blood in the water, these patent trolls came running for the opportunity to cash in on their strategy of using bought off patents to try and snag other businesses in patent infringements.
And it looks like they have found a home, especially when you consider that in a stretch of 3 years the number of patent infringement cases multiplied almost 20 times! Just like the Miami Heat are finding out about their “Big 3” East Texas is learning that too much of a good thing isn’t always so good.
Mark Zuckerberg’s Letter to Potential Investors
May 17th, 2012Who said silly can’t be used in business writing?
On the evening of the Facebook IPO, Founder and CEO Mark Zuckerberg published the following letter to potential investors:
Dear Potential Investor:
For years, you’ve wasted your time on Facebook. Now here’s your chance to waste your money on it, too.
Tomorrow is Facebook’s IPO, and I know what some of you are thinking. How will Facebook be any different from the dot-com bubble of the early 2000’s?
For one thing, those bad dot-com stocks were all speculation and hype, and weren’t based on real businesses. Facebook, on the other hand, is based on a solid foundation of angry birds and imaginary sheep.
Second, Facebook is the most successful social network in the world, enabling millions to share information of no interest with people they barely know.
Third, every time someone clicks on a Facebook ad, Facebook makes money. And while no one has ever done this on purpose, millions have done it by mistake while drunk. We totally stole this idea from iTunes.
Finally, if you invest in Facebook, you’ll be far from alone. As a result of using Facebook for the past few years, over 900 million people in the world have suffered mild to moderate brain damage, impairing their ability to make reasoned judgments. These will be your fellow Facebook investors.
With your help, if all goes as planned tomorrow, Facebook’s IPO will net $100 billion. To put that number in context, it would take JP Morgan four or five trades to lose that much money.
One last thing: what will, I, Mark Zuckerberg, do with the $18 billion I’m expected to earn from Facebook’s IPO? Well, I’m considering buying Greece, but that would still leave me with $18 billion. LOL.
Friend me,
Mark
Tags: Birds, Brain Damage, Ceo Mark, Facebook, Fellow, Greece, Hype, Investor, Investors, Ipo, Itunes, Jp Morgan, Judgments, Mark Zuckerberg, Mistake, Much Money, Silly zucker letter, Solid Foundation, Speculation, Stocks, Trades
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