Over the years H. Ross Perot has been called a great many things. The self-made billionaire and two-time presidential candidate has been labeled everything from a genius to a kook. Recently, however, Perot has garnered a new epithet. Many IP experts argue the Texas businessman is a patent troll.
Perot’s transformation occurred in early July when he became the principal investor in the Ocean Tomo Capital Fund. The $200 million fund claims to be the first private equity fund to invest solely in firms with undervalued IP.
