The Inversion Investor

The Inversion Investor

IP Parasites - Game Over

Peter Pham's avatar
Peter Pham
Jan 20, 2026
∙ Paid

A corrosive form of lower-tier rent-seeking has taken root in some places—people gaming systems, extracting without building, and treating loopholes as a business model.

As that lane gets tightened up, the same reckoning will hit the white-collar world too: IP mimicry, credential cosplay, and “I copied it so it’s fair” rationalizations will stop being tr…

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