Working at Intellectual Ventures | Glassdoor

Intellectual Ventures Overview

Bellevue, WA
501 to 1000 employees
2000
Company - Private
Finance
Unknown / Non-Applicable
We believe that ideas are valuable. Everything we do – whether purchasing patents from individuals and businesses, or creating our own inventions – is aligned to building and growing an invention marketplace. Above all else, we have a passion for invention

Company Updates

  • To combat the rising rate of cervical cancer related deaths in Sub-Saharan Africa, Global Good researchers are combining machine learning with smartphones and attachable scopes to more quickly diagnose cases. http://glassdoor.com/slink.htm?key=vQFKY

    AI Medicine Comes to Africa's Rural Clinics

    In rural health clinics across Kenya, women have started showing up with a surprising request: They've come for their "cervical selfies." Their enthusiasm is a good omen for a public health campaign against cervical cancer now under way in six African countries.

  • In this month’s edition of Popular Mechanics, the IV Lab and TerraPower teams give an inside look at the science behind fast neutron reactions, the Travelling Wave Reactor and IV Lab’s legendary ping pong ball cannon. http://glassdoor.com/slink.htm?key=vQFjR

    When a Ping Pong Ball Breaks the Sound Barrier

    The lab is deep-space quiet. A long, narrow hallway hung with fluorescent lights extends to my left. Four or five doors interrupt the flow of drywall. A few of those doors are open, the occupants of the rooms within now out in the hall and staring, ears plugged in anticipation.

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Intellectual Ventures – Why Work For Us?


We believe that ideas are valuable. We’re here to ensure a market for invention continues to thrive.
IV isn’t shy about taking risks; we’re innovators. We’ve built the invention capital market from scratch and we continue to lead by example. Our cross-disciplinary approach affords us the opportunity to work with leading inventors and pioneering companies to find creative solutions. And above all else, we have a passion for invention that drives us forward.

Founded in 2000, Intellectual Ventures is a privately-held invention capital company. We are building a market for invention by making invention a profitable activity. With more than $6 billion committed capital and more than 40,000 IP assets in active monetization programs, we own one of the world’s largest and fastest-growing intellectual property portfolios, which we license to the world’s most innovative companies. Investors include a mix of Fortune 500 companies, individuals and institutions.

Business Model

Build

We invent and collaborate with world-renowned experts, including Nobel Prize contenders. Scientists and engineers at our IV Lab facility invent technology-based solutions to some of the world’s most pressing problems.

Buy

We acquire inventions from individual inventors, companies of all sizes, brokers and sellers, and then compile the patents into industry-focused portfolios.

Partner

We source inventions from a global network of inventors and assist with developing, patenting and monetizing those inventions. We partner with universities, government institutions and research labs to incentivize the process of invention.

License

We engage with companies of all sizes to minimize their Invention Gap™ exposure—the difference between the invention rights they have and the invention rights they need—and we act as a strategic partner for present and future intellectual property needs.

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As a company of innovators, it’s no surprise our culture is as unique as our employees. We’re guided by our values, and encouraged to innovate change at all levels. We’re proud of our courageous and daring environment where being right can mean proving your assumptions were wrong. Above all, our culture fosters collaboration that benefits our investors, partners, and customers.


Social Impact

We believe it’s important to give back to the communities in which we live and work, whether through sponsorships that support science and technology or through volunteering with causes of personal importance to our employees.


Leadership & Learning

Leadership takes vision, courage, and agility. Our leaders transform challenges into opportunities and are not afraid to forge a new path or create a new market. In fact, our leaders embrace their roles in a pioneering company. We are a company that’s building a bridge between the Age of Information and the Age of Innovation.

At IV, our employees are empowered to be creative, suggest new ideas, and grow as leaders within and outside the IP community.


Our Values

Our success isn’t a fluke or happenstance. Our success stems from our passion for ensuring ideas are valued, integrity with investors and clients, patience in finding the desired outcome, knowledge of the IP industry, inventiveness with how we approach the world’s problems, and a pioneering spirit as we continue to influence an invention economy.

These are our core values and it is through these values that we will continue to be the leader in the business of invention.

Passion
We are passionate about our company being the leader in the business of invention. We believe that ideas have value and should be valued in the marketplace. It is this passion that drives us forward.

Integrity
We deal straight and live up to our end of a bargain; treating each other and our partners with mutual respect. We will maintain our position as the leaders in the business of invention through our integrity.

Patience
We recognize that it will take time to fulfill our mission. The inventions we work on are bold and long reach. And the business of invention continues to evolve. We create an environment where our people can balance the need for speed with the long term approach to reach our goals.

Knowledge
The best and brightest minds work on our inventions and our business by staying focused on our core mission and thinking critically about the best path to get there. We invest in the knowledge and development of our people to ensure we remain up to date and relevant to our work.

Inventiveness
To be the leader in the business of invention, we have to be inventive because this is a new market. Our employees are extremely inventive, and we use our inventiveness to work on selected world problems and to achieving our business objectives.

Pioneering Spirit
Our people possess the spirit of pioneers, covering new ground on many levels. Our business model is novel. Our inventions are novel. We are determined to succeed, yet recognize we’ll make mistakes along the way. We learn from those mistakes and push forward on our mission of being the leader in the business of invention.

undefinedBenefits & Perks


Intellectual Ventures offers a diverse array of benefits to our employees so you can choose the options that best meet the needs of you and your family. While some of our benefit offerings vary depending on the country in which you work, here is an overview of the core benefits we have available today. And if you join IV, you won’t have to wait long to participate. You are eligible for most benefits on day one.

  • Competitive medical, dental and vision benefits
  • 401(k) retirement savings plan
  • Short- and long-term disability coverage
  • Life insurance plans
  • Paid maternity and paternity leave
  • Paid time off
  • Tuition reimbursement

Innovation takes courage and the desire to think differently. With a dynamic business model and a diverse global pipeline, the opportunity to make an impact at IV is limitless. Find your fit and learn more about the unique work we do in each of our funds and functional groups.

Corporate Communications
The Corporate Communications team develops the tools we need to tell our story effectively. They support internal and external communications for the entire company.

Finance
The Finance organization manages all of IV’s financial activities. They are an important strategic partner to all parts of the business, and have the challenging task of managing a detail-oriented discipline inside an innovative, rapidly changing company.

Global Licensing
The Global Licensing (GL) team monetizes IV’s patent portfolio to generate revenue and create a return for IV’s investors. They work as a team to engage technology companies worldwide in a value-driven licensing conversation.

Human Resources
Human Resources is responsible for recruiting the most talented people, helping them develop new skills and supporting them throughout their careers.

Global Good
Global Good is a collaborative effort between Bill Gates and Intellectual Ventures to take on some of humanity’s toughest problems through the power of invention by drawing on resources normally reserved for commercial pursuits in the developed world. Global Good combines IV’s unique invention prowess with the expertise of leading humanitarian organizations, forward-looking governments, and commercial partners that share our vision. Together, we invent, develop, and deploy commercially-viable technologies that improve life in developing countries.

Institute for Disease Modeling
As part of Intellectual Ventures' Global Good initiative, the Institute for Disease Modeling (IDM) is the preeminent quantitative analysis center shaping strategies and building innovative tools to accelerate the eradication of infectious disease by the global health community.

Invention Science Fund
The Invention Science Fund (ISF) is funded to prepare, prosecute, and license patents from our in-house inventing. They accomplish this by strategically researching the needs in many areas to develop and expand our patent portfolio. ISF is comprised of patent prosecutors, paralegals, program managers, inventors, and a growing business development group.

Intellectual Ventures Laboratory
Intellectual Ventures Laboratory conducts advanced research on some of IV’s most promising ideas to demonstrate an invention’s feasibility and potential for commercial or humanitarian use.

Legal
The Legal team provides legal support to diverse business groups across all of IV.

Systems and Technology Group
The Systems and Technology Group (STG) operates as IV's internal technology partner, enabling the business to quickly and sustainably anticipate, analyze, and respond to market opportunities and challenges.

We believe that collaboration is key to our continual development as individuals and as an industry-leading business. We seek out employees with diverse professional backgrounds and experiences—from lab scientists and lawyers to finance professionals and technology gurus—to work alongside each other and feed our inventive nature.

Our company values—passion, integrity, patience, knowledge, inventiveness and pioneering spirit—are never more apparent than when you meet our employees.

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Philip Eckhoff, Research Scientist, Principal Investigator



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Trevor Stuart, Senior Director, Finance



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Janice Kary, Senior Director



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Troy Niehaus, Director

Intellectual Ventures Reviews

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Nathan Myhrvold
62 Ratings
  • "One of the most innovative companies"

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    • Work/Life Balance
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    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Bellevue, WA
    Former Employee - Director in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Intellectual Ventures full-time (More than 5 years)

    Pros

    Great innovative environment, lot of lateral thinking and freedom to pursue your ideas, great interaction with external inventors and exposure to latest technologies ranging from biology to space science

    Cons

    Career path after intellectual ventures is very niche.

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Intellectual Ventures Photos

Intellectual Ventures photo of: IV is proud to support Expanding Your Horizons and their annual STEM conference supporting middle and high school girls.
Intellectual Ventures photo of: IV is proud to support Expanding Your Horizons and their annual STEM conference supporting middle and high school girls.
Intellectual Ventures photo of: Our team at UW's BioEngage Mixer talking with aspiring bioengineers & interns about the exploration that pulses through IV Lab.
Intellectual Ventures photo of: “You have to be willing to take risk. Challenge yourselves to really take wild risk and embrace failure, you have to be okay with failing because that has value, too.” - Nathan Myhrvold
Intellectual Ventures photo of: At IV’s Capitol Hill Expo, IV spinout Kymeta displayed its mTenna® flat panel satellite antenna. IV is proud of the contributions of its spinouts and is excited for more innovation to come!
Intellectual Ventures photo of: Arktek on display at the Bill & Melinda Gates Foundation Visitor Center along with other innovations that "...make the difference between a bleak future & a bright one.” ow.ly/NXWj305Ppp3
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Intellectual Ventures Interviews

Experience

Experience
45%
13%
40%

Getting an Interview

Getting an Interview
31%
18%
18%
18
9
4

Difficulty

2.9
Average

Difficulty

Hard
Average
Easy
  1.  

    Accounting Interview

    Anonymous Employee in Bellevue, WA
    Accepted Offer
    Positive Experience

    Application

    I applied online. I interviewed at Intellectual Ventures (Bellevue, WA).

    Interview

    Pretty straightforward since it was for an intern role. I had a brief phone call with HR followed by two on-site interview rounds. Small Excel assessment at end - not difficult.

    Interview Questions

    • Very typical behavioral interview questions. Why are you interested in this role? A couple basic questions about accounting. Let's talk though your resume and how it applies to the role.   Answer Question
See All 25 Interviews

Intellectual Ventures Awards & Accolades

  • Pioneers of Global Health Award, Washington Global Health Alliance, 2016
  • Patents for Humanity Award, United States Patent and Trademark Office, 2016
  • Association for Financial Professionals Pinnacle Award Finalist, Association of Finance Professionals, 2016
  • Adriane Brown Receives Women of Achievement Award, Legal Momentum, 2014
  • Russ Stein Receives CFO of the Year Award, Seattle Business Magazine, 2014
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