Wow, hedging against patent trolls by backing them is some sick and twisted logic.

> Wow, hedging against patent trolls by backing them is some sick and twisted logic.

But not unexpected for Mark Cuban.

This is the man who owes his status as a billionaire to hedging. If he hadn't hedged out his Yahoo exposure at the very top of the dot-com bubble, then he would've been worth about $60 million by the time his lock-up period expired.

$1.4 billion vs. $60 million. Being one of the richest 500 Americans, vs. not even being able to buy the Dallas Mavericks. You can see why Mark Cuban believes in hedging.

It's entirely logical. You're talking about emotions, not logic.

Patent trolls win => his legit companies lose value, his patent troll gains value

Patent trolls lose => legit companies gain value, patent trolls lose value

To be clear, it is the same logic that justifies patent trolling.

Imagine if some startup "hedged" by covertly transfering funds from customers' bank accounts when they cancel their subscriptions:

Great product => paying customers

Bad product => steal money from customers

Oh yeah, filing a civil suit and outright stealing from people are totally the same thing. Great comparison, bravo.