PATENT CLAIM ANALYSIS

Application Number: 16122242
Application Type: Utility
Filing Date: 2018-09
Publication Date: 2019-01
Patent Classification: ["705", "037000"]

Abstract:
The present invention creates a secondary market in private equities by auctioning venture-backed private equities over the Internet to qualified investors. Typical sources for the private equities will be interests in limited partnerships and pre-IPO or pulled-IPO securities. The operator of the system may sometimes take a position in certain private equities so as to have “inventory” to later sell on the system. In a typical buyer-driven transaction using the present invention, a qualified buyer puts out a bid for private assets in a particular area. Sellers who subscribe to the system receive notice of the bid and can then respond. In a typical seller-driven transaction using the present invention, a seller puts out a notice on the system of equities for sale. Buyers who subscribe to the system receive notice and can respond. Either the buyer or the seller may be charged by the system, depending on the transaction.

Claim (Index 2):
The method for creating a secondary market for private equity of  claim 1 , wherein said auctioning is conducted over the Internet.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 97.0
- Lexical Diversity: 2.08974
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['09783499', '13083792', '12036160', '13280181', '13366977']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1564107576220845
- 35 USC 102 Novelty (BERT): 0.629318789405663
- Combined Prediction Score: 0.2037015608004423
- Mean Citation Score: 388.628098
- Max Citation Score: 568.9161
- Similarity Product: 564.7773115480185

Labels:
- Claim Label 101: 1
- Claim Label 102: 0
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 1

Dataset: test