Intangible Analysis Prevents Total Investment Loss
Ultimately the company failed, but analysis of intangibles saved investor millions
The Situation
- Company developed highly valuable software algorithms.
- Essential that algorithms be kept as trade secrets.
- Client investor planning to invest on multi-million valuation
The Client
Investor
Outcome
- Client investor asked EverEdge for intangible asset due diligence.
- Found patent attorney had filed patent, which had been published and engineers had posted code to public development site.
Result
Ultimately the company failed, but analysis of intangibles saved investor millions