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The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

The bad news is that patent trolls (non-producing companies that make their money from licensing patents) can squeeze the lifeblood out of unsuspecting entrepreneurs, as exemplified by the recent mess around Lodsys suing small Apple IOS developers. This hit RIM (Research In Motion) a few years ago, and cost them $650M to recover.

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The Good, The Bad, And The Ugly Of Software Patents

Gust

The bad news is that patent trolls (non-producing companies that make their money from licensing patents) can squeeze the lifeblood out of unsuspecting entrepreneurs, as exemplified by the recent mess around Lodsys suing small Apple IOS developers. This hit RIM (Research In Motion) a few years ago, and cost them $650M to recover.

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Software Patents Have Become a Startup Nightmare

Startup Professionals Musings

The bad news is that patent trolls (non-practicing companies that make their money from licensing patents) can squeeze the lifeblood out of unsuspecting entrepreneurs, as exemplified by the continuing mess around Lodsys suing small Apple IOS developers. This happened to RIM (Research In Motion) , and cost them nearly $650M to recover.

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Software Patents are Becoming a Tax on Innovation

Startup Professionals Musings

The bad news is that patent trolls can squeeze the lifeblood out of innocent and unsuspecting entrepreneurs, as exemplified by the current mess around Lodsys patent No. A lot of companies, like Lodsys above, buy up software patents that are over-broad, and hold startups hostage, after the fact, through royalties and litigation.

Software 228
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Go Anywhere, Get Anything

Reid Hoffman

A second learning for me with Expedia: Expedia was a holding company of a bunch of different operations – Expedia.com, Hotels.com, Travelscape – and Expedia.com was our biggest problem asset. So we doubled down in this area that we found there was this enormous acceleration of on-demand, local commerce. Now we’re going to 2021.

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