Recent activity
Subscribe to this feed
Percolater replied on June 05, 2007 04:57 to the question "How do I fix the latch on my MacBook Pro?" in Apple:
Percolater replied on June 05, 2007 04:34 to the question "my macbook pro is sleeping when the battery still shows 15% left." in Apple:
Percolater replied on June 01, 2007 04:51 to the question "What should I do if I get sued for what I blogged?" in EFF:
Percolater replied on May 31, 2007 06:37 to the question "How does the First Round team feel about software patents?" in First Round Capital:
I don't know how the First Round team feels, but there are some very good reasons to avoid the software (and business process) patent game if you can, particularly as an early stage company. There's a conversation started over on the EFF community about this. That said, intellectual property is the core of most software/Web businesses and you should handle your strategy with care. The best move will vary from company to company, and should reflect both your competitive positioning and your philosophy (you have to live with yourself, after all).
Narendra Rocherolle of 30Boxes wrote a nice piece on this for FoundRead a few weeks ago called "Patents, why bother?"
Percolater replied on May 31, 2007 06:28 to the question "What's wrong with patents, exactly?" in EFF:
Peter Hintjens, CEO of iMatix Corporation, wrote an article on this topic which answers this question well. Of course, it focuses on the most controversial patent types, software and business process patents. As he puts it, "The use of patents in software looks a lot more like the erection of a massive new system of private tolls and taxes, than the enablement of a new properties class."
The justification for software patents, established in 1982 by the Supreme Court) was that they would promote and reward new investments by businesses. As Hintjens says, "Instead, we see a sorry parade of lawsuits. IBM—who has the largest software portfolio, and who has claimed that it is against business method patents—has just sued Amazon for infringing on several business process patents."
Here's his basic points against software patents:
- Patents give their holders a claim on ideas, which are highly mobile resources [like migrating birds or fish], and in software, more mobile than most other industries.
- Patents have unclear boundaries, and in software these boundaries are even less clear than in other industries.
- Patents reduce the sharing of new ideas, and software depends on a higher volume of sharing of ideas than other industries.
- Patents are an expensive property system, and most software innovation is driven by unfunded grass-roots work.
- Patents are not a well-bounded property system, and in software a boundary between “good” and “bad” patents cannot be drawn.
Percolater replied on May 30, 2007 21:32 to the question "What do you mean you like to "shrink existing markets?" Don't you want to grow new markets?" in First Round Capital:
Half.com hastened and exploited the structural changes happening in the industry, while most competitors were retrenching to defend their existing business. So Half.com benefited from the very dynamics that were eating away at the industry as a whole. This is how you take on entrenched players in established industries!
Percolater shared an idea in The Satisfactory on May 30, 2007 20:18:
We should add a private groups feature.This would allow us to talk and use the features of SFN without others seeing it on a profile pages, etc.
Percolater asked a question in First Round Capital on May 30, 2007 18:38:
What do you mean you like to "shrink existing markets?" Don't you want to grow new markets?On the Firstround.com site you say:
"We love investing in technologies and business models that are able to shrink existing markets. If your company can take $5 of revenue from a competitor for every $1 you earn – let's talk!"
I don't get it.
Percolater shared an idea in First Round Capital on May 30, 2007 18:12:
I'd love to see First Round do a reality show (vlog?) set in its offices...Each week we follow the partners as they're pitched by various founders. The pitches, delivered with naive enthusiasm or manic volatility, will vary between absurd, obscene and spiritually enlightened (but unprofitable). We'll track the partners through their madcap days as they avoid pestering calls from LPs, make pestering calls to disappearing CEOs of portfolio companies and lament the hot deal that got away.
| next » « previous |
Loading Profile...







