The Crowded Square: How Evalify Transforms Patent Landscapes Navigation for Investors

Nick Sgobba
3 min readApr 30, 2024
It took 75 years to reach the utility patent 1 million, but only 35 months to go from 10 million to 11 million. — Source: USPTO

In the rapidly shifting landscape of startup innovation, the old playbook — reliant on intuition and past success — is no longer sufficient. “What got you here won’t get you there,” a sentiment captured by author and leadership thinker Marshall Goldsmith, highlights the need for adaptability in an era where the ground beneath our feet constantly changes. This is particularly true in the complex world of intellectual property (IP), a critical area often “shrouded in mystery” for many of the key stakeholders in the global startup ecosystem.

Evalify leverages the expansive universe of global patent documents — approximately 200 million and counting — to provide a novel benchmark for evaluating startup ideas. This approach democratizes access to crucial IP insights, making them available not just to IP experts but to a diverse array of stakeholders in the startup ecosystem, including founders, investors, accelerators, and incubators.

The significance of IP, specifically patents, in decision-making, cannot be overstated, especially given the rapid acceleration of technological activity in recent years, leading to a breakneck evolution in active, so legally enforceable, patents. Consider this: it took the United States 75 years to issue its first millionth utility patent, then 14 years to move from the 4 millionth to the 5 millionth patent between 1976 and 1991, and just 35 months to progress from the 10 millionth to the 11 millionth. This meteoric pace underscores a landscape where innovation and the generation of new patents occur at unprecedented speeds.

This dense proliferation of patents makes the business landscape resemble a “crowded square,” where every step could potentially lead to conflict or opportunity. In such a square, a clear path becomes invaluable. The complexity and sheer volume of global patents today mean that the unaided eye is no longer adequate for navigating this terrain. Ignoring this aspect of business strategy is just like navigating a minefield blindfolded. Evalify removes the blindfold, offering clarity and foresight in a domain where many investors may not even realize they are at a disadvantage.

Gone are the days when ignoring patents could be an “oversight.” For today’s investors, particularly those whose formative years spanned a slower pace of patent growth, the new normal demands a robust engagement with IP in general. This shift isn’t just procedural — it’s fundamental to securing a competitive edge and fostering sustainable innovation.

With all this in mind, it becomes evident that “Why Evalify” and “Why Now” — are some of the favorite questions we receive from investors. And the answer is always straightforward: because the stakes have never been higher. The pace at which new patents are filed means that yesterday’s clear paths may be today’s legal entanglements. For investors, this isn’t just about avoiding pitfalls; it’s about seizing opportunities that others might miss because they are not looking deeply enough into the IP landscape.

Evalify is not yet another tool but an essential guide for the modern investor. It provokes a much-needed reconsideration of how patent-derived knowledge and insights can transform investment strategies. As the square fills up, your vision needs to be clearer than ever. Evalify provides this vision — not just to survive in today’s market but to navigate it with confidence, making informed moves that leverage the complex global web of existing patents to carve out new spaces for innovation and success.

Investors, the challenge is clear: adapt to the intricacies of the modern global IP landscape with Evalify, or risk being outpaced by those who will. In today’s crowded square, Evalify is your strategic advantage, illuminating paths that others don’t even know exist. It’s time to change and rethink early-stage decision-making for good.

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Nick Sgobba

Serial Inventor | Parallel Techpreneur | Chief Product Officer | AI & Patent Expert