Why Would Selling Equity In A Domain Name Deserve A Patent?
from the isn't-selling-equity-selling-equity? dept
Brad Feld, one of the increasing number of VCs who's grown skeptical of the value of patents (software patents in particular) alerts us that domain registrar GoDaddy has apparently applied for a patent on selling shares of equity in a domain name. You can see the application itself, which only has six claims and seems pretty straightforward. It's only an application, so there's still a decent chance this gets rejected -- but the very fact that anyone even thought it was worth applying for such a patent is quite telling. It's difficult to see what is new or unique about what's in the patent, other than it applies the standard process of selling equity in anything to a domain name.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: brad feld, domain names, equity, patent, patent application
Companies: godaddy
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It's a new trader's market
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But, but...
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Response to: Anonymous Coward on Jul 6th, 2009 @ 5:31pm
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What a pretty bubble
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Re:
If you want to know more read about austrian economics it is the only school of economics that predicted this situation as opposed the keynesian school whom the government continues to rely on and follow as we speak. In case you didn't know.
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Re: Re:
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People play the lottery too...
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Bubbily bubble
Some companies have been doing this for some time. For example, Mike's little shindig is worth $25,000.
http://www.cubestat.com/www.techdirt.com
It's hard to see why Bobby Parsons needs to piss off the internets.
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buying groceries? well.. try buying them.. online!
researching real estate? well.. try doing it Online!
Creating a new Dotcom Bubble? well.. try it.. online Again?
Patent office really needs to get their head around the idea that slapping "Online!" onto something does not make it new or special.
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Response to: teka on Jul 6th, 2009 @ 10:15pm
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Oh
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pan firend
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estimating worth of powerful domains
weatherreference.com and considering each word single tiered as a dotcom is estimated to be worth far more than $10,000,000 other than two or three
We though can reference' (like yahoonews.com $300 million more than yahoo.com) we only lack precedent in starting out to raise two or even three tiered name conciousness abroad. Of course we're speaking to only names broadly acknowledged worth something notable. Randy
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