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Sunday, October 14, 2012

Mark Cuban: Why I'm Buying Vringo $VRNG

Mark Cuban: Why I'm Buying Vringo $VRNG

Mark Cuban is taking a 7% stake in Vringo, a companywaging a patent war on Googleis because he says, "It's a hedge against the unlimited patent risk every company I have an investment in faces."

We reached out to him for comment, and here's his full explanation:
It's a hedge against the unlimited patent risk every company I have an investment in faces. If patent laws continue to be as they are, this is the only way I can see  that allows any level of protection. the patents they are merging into the company are far stronger than most.

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