VC Sends Sends Out 200 DVDs Of Documentary About Absurdity Of Software Patents

from the getting-the-message-out dept

We've mentioned in the past how well-respected venture capitalist Brad Feld was one of the first to come out against software patents. Since then, he's grown more and more concerned about patents in general, including those outside of software. He's been getting more and more active in the discussion as well, with his latest move being to send out 200 free copies of the movie "Patent Absurdity," to 200 people who he believes should see it. The movie itself looks pretty good, though I haven't had a chance to see the whole thing yet. That said, while patents and copyrights are different (but related) issues, I'm a bit surprised to see the filmmakers put a "no-derivatives" license on the movie. That seems contrary to the concept being promoted here.

Filed Under: brad feld, patent absurdity, patents, software patents

How Patents Harm Biotech Innovation

from the scaring-people-off dept

Patent defenders often claim that patents are necessary because top venture capitalists would never invest without patents. And yet, we keep pointing to examples of some of the best venture capitalists in the business who are quite skeptical of patents. For the most part, those have been limited to software patents, but Brad Feld seems to have jumped the hurdle to recognizing it's not just software patents that are the problem, and is digging into the research on how much patents have held back innovation in lots of other fields as well (Brad: if you want a list of more such research, let us know...). He's written up a post about some upcoming research concerning patents in the biotech field, where he explains how patents are hindering innovation in that field as well by scaring off research into certain areas:

Regularly, patent advocates tell me how important patents are for the biotech and life science industries. However, there apparently is academic research in the works that shows that patents actually slow down innovation in biotech. The specific example we discussed was that there is increasing evidence that when a professor or company gets a patent in the field of genetics research, other researchers simply stop doing work in that specific area. As a result, the number of researchers on a particular topic decreases, especially if the patent is broad. It's not hard to theorize that this results in less innovation around this area over time.

I can't wait to see the final results of that study, as it would fit in well with a few other studies that have found similar results.

Filed Under: biotech, brad feld, innovation, patents, vcs

Do Your Rights To Listen To Legally Licensed Music Stop At The Border?

from the rights-holders-fuck-up-everything dept

Two rather successful venture capitalists, Brad Feld and Fred Wilson, have been at the forefront of bucking the ridiculous claim that VCs only invest in companies that have patents, as both have spoken out about how patents tend to stifle innovation, and how their portfolio companies are often held back by patents, rather than helped by them. It looks like both of them are also quite aware of how copyright gets in the way of basic innovation as well. Brad Feld has a post up about how he created a Pandora station based on Fred's blog post detailing his top albums of the decade. Pretty cool, right?

Well, the problem is that Brad sent Fred an invite to this "station," and Fred is traveling for the holidays in Argentina with his family. So, because of ridiculous demands from copyright holders that make it so Pandora is only available in the US, Brad gets informed that Fred cannot access the station that Brad created for Fred solely due to ridiculous copyright holder demands. Yes, even though Fred almost always accesses Pandora from the US, but just happens to be in Argentina this week, Pandora says he can't listen to the station that Brad created for him. Brad makes a good point, that any human can understand why this situation is silly, but computers still can't quite figure it out, noting: "The level of interaction of human and machine is high, although the level of sophistication is pretty low." As for Fred's summation of the situation? "Rights holders fuck everything up." Indeed.

Filed Under: brad feld, fred wilson, licenses, music, rights holders

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.

Filed Under: brad feld, domain names, equity, patent, patent application
Companies: godaddy