Venture Isles markets intellectual property (IP) on a success fee (commission) basis for select properties or portfolios that are exclusive listings.  This structure has obvious cash-flow advantages for our clients and helps new clients gain confidence in our competence and work ethic before they shift to fee-based marketing projects. 

Venture Isles conducts careful due-diligence before accepting such arrangements.  Patent files, ownership, encumbrances and other factors are researched.  Independent experts are engaged to evaluate the stage of development and effectiveness of the technology/product.  Our principals and market researchers assesses the market.  We receive many more requests for contingent representation than we have bandwidth and capital to take on or even conduct due-diligence on and realistically, not all IP has market value.

New clients seeking a contingent compensation plan for our IP marketing services are charged an evaluation fee which only partially covers our costs for due diligence.  The fee varies by category of IP and complexity of the portfolio (multiple patents, inventory, trade secrets, copyrights, etc.) but it is usually $500 if we turn down the listing and $5,000 if we agree to a contingent compensation plan.  We are glad to have a conversation with  potential clients at no charge to determine whether a formal evaluation is worthwhile for both parties.

Due to the many unique types of risks involved with intellectual property (IP) and the potentially long time-frame for finding a firm with a business model that could monetize the IP, you will be sharing a significant portion of your up-side under this compensation model.  Our work is much different than business brokers (who charge lower commissions), because they are selling an established cash-flow or sales volume.  Most of our portfolios are not yet in market and some have not even been reduced to practice.  The later in the patent prosecution process, the lower the commission as some risks are lowered and prospects may be more evident. 

Our contingent listing-agreement requires warranties and performance by the client.  It is a long-term commitment by both parties.  The obligation to pay commissions goes on after the minimum term of the listing expires for as long as the client received revenue, including discontinuously.

Searches for team members, joint-venture partners, technology, and prior art are done on a daily or project fee basis for new clients.