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. 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 ... Read more

Company Updates

  • IV's Global Good engineers Jenny Hu and Morgan Fowler are working on a new vaccine cooler to enable vaccination of kids everywhere. Catch them talking about it with author and Daily Show host Trevor Noah at Goalkeepers 2017, hosted by the Bill & Melinda Gates Foundation. http://glassdoor.com/slink.htm?key=vQRB1 http://glassdoor.com/slink.htm?key=vQRBG

    Goalkeepers 2017 PT. 2

    Goalkeepers is an event hosted by the Bill & Melinda Gates Foundation in New York City filled with inspiring stories and driven by data, dedicated to accelerating world progress. Goalkeepers will help bring together a generation of determined thinkers, doers and givers to help hit the ambitious Global Goals target, in whatever way they can.

  • Introducing ISF incubator, where we’re taking a different approach to answering the question, “What’s the next big thing in technology?” Aimed at accelerating commercialization, ISF Incubator continues to match engineers, scientists and experienced entrepreneurs with IP and a lab to develop emerging technology with new leadership and a renewed focus on hardware. It has already spun out several successes, including Kymeta, Pivotal Commware and TerraPower. http://glassdoor.com/slink.htm?key=vQYon

    Accelerating Impact

    ISF Incubator calls for entrepreneurs who want to bring next-generation tech to big markets

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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


Our benefit programs encourage wellness in all aspects of our lives. Intellectual Ventures offers a diverse array of benefits to our employees so they can choose the option that best meets their needs. Employees who join IV are eligible for coverage on the first day of employment. Here is an overview of the core benefits:

  • Competitive medical, dental and vision benefits
  • 401(k) retirement savings plan (with immediate vesting in company match)
  • Life insurance
  • Parental leave
  • Paid time off
  • Tuition reimbursement
  • Volunteer time for a charity of choice
  • Adoption Assistance
  • Employee Assistance Program
  • Public transportation subsidy
  • Free parking
  • Employee discounts with Pacific Science Center and several local Ski Resorts

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



Intellectual Ventures Reviews

3.0
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Nathan Myhrvold
66 Ratings
  • Featured Review

    "Great culture, really interesting work, flexible environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bellevue, WA
    Current Employee - Anonymous Employee in Bellevue, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Intellectual Ventures full-time (More than a year)

    Pros

    My management chain assumes competence in my abilities, supports my decisions, work style & schedule. I am not micromanaged and I really appreciate the freedom I have to execute my responsibilities in a way that I feel will work best. I joined a women's mentoring circle in my first month and had the opportunity to get to know women from across IV in all levels of management (VP to associates)-from R&D, Legal, Finance, HR etc. That ongoing and supportive group helped my onboarding process immensely. I love attending the frequent employee info sharing sessions where I can learn about some of the different research and inventions as well. Last week I attended a great session where I learned about the device the Lab is developing which rapid diagnoses cervical cancer in low resource settings and later that day I was in the Lab talking to interns working on assays that rapid diagnose malaria. There's work happening at IV that can really impact lives-1st world and developing world. I love that they take big risks (like TerraPower) that have huge potential impacts across entire sectors. I've worked in the high tech industry (MSFT) for most of my career and IV feels nimble, exciting, stable, quirky and impactful.

    Cons

    When you work in a smaller company where you have many personal relationships, there are upsides and downsides. Having those relationships can help make things happen but it can sometimes hinder progress as well.

    Advice to Management

    There seems to be more recent efforts to publicize what type of innovation is coming out of IV. Continue to show the world what we are doing. Encourage internal career opportunities and advancement.

See All 124 Reviews

Intellectual Ventures Photos

Intellectual Ventures photo of: Family Day at IV Lab
Intellectual Ventures photo of: IV hosted the second annual IV Invention Expo on Capitol Hill. More than 1,000 legislative leaders and staffers stopped by to learn about IV, interact with our technology, & engage with IV spinouts.
Intellectual Ventures photo of: IV had the honor of hosting 2017 BT Young Scientist & Technology Exhibition Winners Liam Ryan and David Moran. The young Irish inventors won the “Insightful Invention Award” for their project.
Intellectual Ventures photo of: IV has a longstanding history of volunteering with the Boy and Girls Club – our interns recently took the opportunity to visit and share their love of STEM with students.
Intellectual Ventures photo of: Nearly 30 IV employees, friends and family, participated in this year’s Spring Rebuilding Day – the 11th consecutive year IV has participated in the annual Rebuilding Together Seattle event.
Intellectual Ventures photo of: IV is proud to support Expanding Your Horizons and their annual STEM conference supporting middle and high school girls.
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Intellectual Ventures Interviews

Experience

Experience
47%
13%
39%

Getting an Interview

Getting an Interview
30%
21%
17%
17
8
4

Difficulty

2.9
Average

Difficulty

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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 26 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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