Co-Founder of Unified Patents, the Anti-Troll and founder of 2 previous video codec companies with successful exits. He has also been called “the most disruptive person in IP” for his outspoken advocacy that patent and markets need more transparency if they are to become institutionally valued. Secretly, under to alias, DJ APiX, he mixes old school hip hop and dance music at all the major venues in metro Tri-valley region. ??
Unified’s mission is to stop low-quality assertions by aggressive SEPs and NPEs and to help improve patent quality and decision making. He is responsible for running Unified’s operations, counsel & docket management, analytics, and marketing.
He has co-authored papers on PTAB analytics and procedures which have been published in law reviews affiliated with the U. of Chicago, U. of Colorado, and Northwestern among others. A full list of his contributions can be found in SSRN.
Most recently, Shawn was VP of Licensing and Business Development at Intertrust Technologies, Inc. responsible for patent and technology licensing programs with over $500 million in revenue.
Prior to that he founded or was a senior executive at companies which have gone IPO. EVP & GM, Platform Divison at Nexstreaming (KOSDAQ: 139670) and Co-Founder, VP of Sales and Business Development at Envivio (NASDAQ; ENVI / purchased by Ericsson).
Shawn has a JD/MBA from Boston University and a BS in Mathematics from UCLA. He is an active member of the California Bar.
A wave of thousands of 5G Self-Declared Standard Essential Patents (SD-SEPs) applicable to everything from devices to network infrastructure is fast approaching. The value of these patents is 6-10% of the retail product value, if recent LTE SEPs court decisions are to be believed. However, ex ante 5G licensing rates announced by traditional licensors Qualcomm, Ericsson, Nokia, and Interdigital total around $18 (or 3.6%) on a $500 handset. Yet these licensors hold less than 17.4% of the relevant 5G SD-SEP families, which would make the total royalty burden 20% or higher. Implementers faced with high SEP licensing cost and uncertainty typically mitigate risk by: (1) using licensed components, (2) receiving indemnification, and (3) leveraging defensive portfolios. But there is another strategy that should be considered given the tools which are now available: preemptively challenging patent family validity in foreign jurisdictions that are relatively quick, inexpensive and often more effective.
The patent industry is in the doldrums. While the U.S. economy continues to endure historic, sustained growth, the stock market has skyrocketed, and new services, products, and investments launch every year, patents as an asset class have remained relatively flat for years. In the last decade, at best, patents as assets have shown anemic growth and stagnant value creation. While capital for litigation funding is available and overall U.S. patent grants and holdings continue to rise, patent valuations have not. Some blame the America Invents Act (AIA) and court decisions over the past decade as the reason why the market has not thrived. I disagree. Any effects felt from changes in the law are symptoms of much more systematic problems that must be solved first for patents to fulfill their full potential as valuable investment vehicles. These problems—identified below— won’t be solved by rolling back regulations or reversing opinions and artificially increasing the value of unworthy assets.