The Internet needs more of this, that people don't just defend against the copyright lobby, but strike deep into their home territory. Put the copyright lobby on the defensive.
Idea for a startup: a litigation funder against copyright trolls. A copyright troll might say: we can make this case go away if you give us 'y', at which point a litigation funder steps in and says we will make it go away for 'z', where z<y. Basically the business case revolves around diverting settlement funds away from the copyright trolls, and giving the victims some benefit in the form of a discount. The trolls would have to fight back by bringing stronger cases or by competing on price and reducing the settlements demanded, in an effort to make the litigation funder uneconomic. It would be even more profitable if lawmakers could be lobbied to force losing copyright trolls to cover the cost of both sides of the litigation.
A sideline for the litigation funder could be funding the aggressive defence of copyrights on free software in return for a cut of the damages. Part of the trick would be to chose targets that free software authors might be pleased to take down: such as aggressive movie studios.
Are you saying the litigation funder simply agrees to fight the case and pay all damages in the loss but if they win they get some % of the original settlement?
That could be interesting, especially if they got very good at defending patent law suits. Most likely after a few cases the patent trolls would simply settle for a lower amount and the litigation funder would pocket the difference.
I know the term startup has different definitions, but to me this is more of a law firm then a startup since it would be very difficult to scale.
Idea for a startup: a litigation funder against copyright trolls. A copyright troll might say: we can make this case go away if you give us 'y', at which point a litigation funder steps in and says we will make it go away for 'z', where z<y. Basically the business case revolves around diverting settlement funds away from the copyright trolls, and giving the victims some benefit in the form of a discount. The trolls would have to fight back by bringing stronger cases or by competing on price and reducing the settlements demanded, in an effort to make the litigation funder uneconomic. It would be even more profitable if lawmakers could be lobbied to force losing copyright trolls to cover the cost of both sides of the litigation.
A sideline for the litigation funder could be funding the aggressive defence of copyrights on free software in return for a cut of the damages. Part of the trick would be to chose targets that free software authors might be pleased to take down: such as aggressive movie studios.