Crowdfunding, IP, Infringement
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Presidential Politics and Patent Reform

Presidential Politics and Patent Reform | Crowdfunding, IP, Infringement | Scoop.it
For the first 221 years of our Republic, patents didn’t matter in elections.  They were constructed in the Constitution and nobody ever had to worry about Congress, the courts or the administration wrecking the patent system.  After all, it is a major part of the American story – who would trash that? Cronyism has changed all that.  Laws are now traded for political favors and contributions.  Over the last ten years, a Google led group of about 20 companies who benefit from a weak patent system
John Booth's insight:

Paul is spot on, and should be followed by the innovation community at large.  His writings should be read, understood and shared by anyone remotely affected or involved in the US inventor community, and it's vast offerings.  (Which are directly threatened by the so-called "patent-reform" act)  Please see his other excellent posts as well.  

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The patent lawsuit crisis in 5 charts

The patent lawsuit crisis in 5 charts | Crowdfunding, IP, Infringement | Scoop.it
2013 set a new record for patent lawsuits, and Apple got sued more often than any other company.
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Are the most relevant questions being asked?
Regardless of intent for patent holders to use or not, are the companies actually infringing?
Is the rise in number of cases really shocking when compared with the actual number of features offered on the
market, not to mention the huge profits they are reaping? (ie - inequality)
Should legislation be driven by such lopsided narratives, which arguably do much more to stifle innovation than the
army of small inventors who typically don't see a dime, either way?

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A Balanced Approach to Patent Reform: Addressing the Patent-Troll Problem Without Stifling Innovation

The patent troll campaign is like trying to kill a few ants in your kitchen cupboard  with a flame thrower, ultimately causing much more damage than good, to one of the most important systems of innovation protection in the world.  (Albeit not perfect)  If you want to know the real villain, look again at wealth inequality.  No one can get funding to build their ideas. 

John Booth's insight:

The patent troll campaign is like trying to kill a few ants in your kitchen cupboard  with a flame thrower, ultimately causing much more damage than good, to one of the most important systems of innovation protection in the world.  (Albeit not perfect) 

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Thank Heavens For Those Patent Trolls

Thank Heavens For Those Patent Trolls | Crowdfunding, IP, Infringement | Scoop.it
Patent trolls are often the buyer of last resort for an inventor.
John Booth's insight:

Really important conversation...  the patent troll lobbyist campaign is a smear of libel and misinformation.  This article is well written, but much more needs to be said.  Media outlets are fast to jump on the bandwagon, but they should be very careful about libel.  

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Kickstarter Fesses Up: The Crowdsourced Funding Start-Up Has Funding, Too

Kickstarter Fesses Up: The Crowdsourced Funding Start-Up Has Funding, Too | Crowdfunding, IP, Infringement | Scoop.it
About $10 million in funding, it turns out. From some pretty high-profile folks, too: Union Square Ventures, Betaworks and lots of angels you've heard of. For some reason, the company hasn't talked about them before. But that's over now, courtesy of a Wired profile.
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Strategy to Build a BigData Solution That Could Actually Work | Cognizeus

Strategy to Build a BigData Solution That Could Actually Work | Cognizeus | Crowdfunding, IP, Infringement | Scoop.it

BigData is nothing without big insight. And when entire press core is running after big-data hype, all everyone care is getting their hands dirty with tools to get to those big-insights.


Via Yves Mulkers
John Booth's insight:

"Big data is nothing without big insight."  Insight=>Knowledge=>strategy ...  The huge trend of big data is squarely dependent on the direction and guidance of insight and knowledge as a precursor to strategy.  IP might be a good place to start.   A good patent is a peek into the future,  an ace in the business strategy deck of cards.

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- Startups - Patents Special - TWiST #201

Join our new mailing list and be the first to learn about upcoming guests! Jason interviews NeuAer CEO Dave Mathews and attorney Reid Dammann about everythin...
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Patent troll asks court for gag order to keep defendant quiet - VentureBeat

Patent troll asks court for gag order to keep defendant quiet - VentureBeat | Crowdfunding, IP, Infringement | Scoop.it
Patent troll asks court for gag order to keep defendant quiet
VentureBeat
Patent trolls not only want to take your money, they want you to be quiet about it. But FindTheBest's CEO Kevin O'Connor won't easily be silenced.
John Booth's insight:
First of all, how is it "novel" to use some algorithm to make decisions? It's like creating a macro to help guide you through xyz process... "Novelty," which is one of the 5 main criteria for being awarded a patent in the first place, really seems to be a stretch here, in which case, how did they get a patent at all? 2) On the other hand, patent infringement cases are not all bad, as most bloggers would have you believe. Some cases directly involve the inventors. The legal system is their primary means of protecting their inventions and contributions. Not all patent holders who sue companies for infringement are patent trolls. And 3) the companies, in most cases, it seems, refuse to even consider licensing terms... but instead want something free and clear, regardless of the work done by others to bring the thing to market. It's not to say that it's not a mess out there, but somehow a balance must be struck. I don't feel too sorry for any of these overnight billion dollar queens. Remember people, the overwhelming problem in our world has been lack of funding, not lack of ideas. Share it already. Most patent licenses request a couple percents.
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Kickstarter Wins Small Victory in Patent Lawsuit With 2000-Era Crowdfunding Site

Kickstarter Wins Small Victory in Patent Lawsuit With 2000-Era Crowdfunding Site | Crowdfunding, IP, Infringement | Scoop.it
Mr. Camelio. (Wikimedia Commons) Kickstarter just had a small victory in a lawsuit filed to shake loose what it considers an attempted patent troll. ArtistShare, a site that was founded in 2000 in order to let fans fund creative projects, had been...
John Booth's insight:

Good article, offering insight to ArtistShare's history, and contributions.  Blatant misuse of the term "patent troll" by article author.   These days, there is no licensing without a threatened lawsuit.  Authors should be careful about liability of slander to significant and honorable contributors to exciting new industries such as crowdfunding, which is in the process of converting our economy, and our mindsets. 

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Are Software Patents Evil?

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Anyone who has a good enough idea to get a patent, will.  And if they don't it's a business mistake.  (Regardless of what big money narrative is spewed out there on any given day).  

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Patent troll targets crowdfunding startups -- Innovation Act could stop that

Patent troll targets crowdfunding startups -- Innovation Act could stop that | Crowdfunding, IP, Infringement | Scoop.it
House Judiciary Chairman Bob Goodlatte re-introduced the Innovation Act Thursday. The move comes not a moment too soon, as patent trolls have begun to target one of the newest areas of innovation: ...
John Booth's insight:

Warning future inventors:  You're now a troll until proven innocent.  lol  Oh, and by the way, you can't be proven innocent unless you can afford to win your court battle...  mmmwwwwuuuhhhaahaaa!!!

 

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Google Loses Again In AdWords Patent Infringement Case

Google Loses Again In AdWords Patent Infringement Case | Crowdfunding, IP, Infringement | Scoop.it
Patent OGRE Google Loses Yet Again and Still Escalates LitigationA judge has determined patent-holding company Vringo is entitled to additional royalties from Google in a patent infringement case involving Google AdWords. The order stems from a case brought by Vringo subsidiary I/P Engine in 2011 that claimed filtering technology used in Google AdWords violated two of its patents. A jury found in favor of […]
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Patent OGRE Google Loses Yet Again and Still Escalates Litigation
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'Dark Intellectual Property': Why We Need a Kickstarter for Patents | Wired Opinion | Wired.com

'Dark Intellectual Property': Why We Need a Kickstarter for Patents | Wired Opinion | Wired.com | Crowdfunding, IP, Infringement | Scoop.it
You’ve heard of the “deep web" and may also have heard of “dark social,” but what you may not know about yet is “dark IP” -- the intellectual property that remains on the shelf: undiscovered, unexplored, untapped. Why don't we have a Kickstarter/eBay/Amazon for patents yet?
John Booth's insight:

Mentions stuff like Ebays or Amazons for IP ... question is, why haven't they formed yet?  Unfortunately, it doesn't fix the patent troll problem, because trolls can still go on the IP marketplace website and buy the inventor's patent, to continue the same practices. 

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Statue of Liberty and early crowdfunding

Statue of Liberty and early crowdfunding | Crowdfunding, IP, Infringement | Scoop.it
Joseph Pulitzer's campaign to fund a base for the Statue of Liberty is as one of the first ever crowdfunding campaigns in America.
John Booth's insight:

This is one of the most highly cited, yet mistaken examples of early crowdfunding.  To the contrary, this is not "crowdfunding" at all.  It is nothing more, or less, than successful fundraising by a wealthy and famous person.  Congratualtions and thank you Pulitzer, but your work did little to fuel crowdfunding as we all now know it,  post 2005.   Please stop citing this incorrect example! 

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Bitcoin Tops $600, Up 60x Over the Last Year

Bitcoin Tops $600, Up 60x Over the Last Year | Crowdfunding, IP, Infringement | Scoop.it
Bitcoin hit $600 Monday morning, a 60-fold jump over a year ago.
John Booth's insight:

I'm fascinated by this, and still can't quite understand how these guys can just start a currency.  If so, who else can?  And what effect on world markets?  And what effect on the fed, and it's ability to lend forever(ie - to us???) Forget China currency "manipulation" ... who the heck are these bitcoin guys?  (Remember, Chinese currency value has changed maybe 10-20% in 5 years ... and bitcoins has just changed 6000% in one year.  Wow!  Talk about disruptive.

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New Equity Crowdfunding Rules Could Change Startup Game

New Equity Crowdfunding Rules Could Change Startup Game | Crowdfunding, IP, Infringement | Scoop.it
Regular investors, meaning most Americans over the age of 18, may soon be able to invest in startups in exchange for company stock via crowdfunding.
John Booth's insight:

Good info, but when!?

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Kickstarter, Inc., v. Fan Funded, LLC | NY Patent Law Blog | Kenyon & Kenyon LLP

Case summary in the S.D.N.Y.'s decision in Kickstarter, Inc., v. Fan Funded, LLC, No. 11 Civ. 06909 (PAC), 2013 BL 15004 (S.D.N.Y. Jan. 18, 2013).
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Some of the nitty gritty behind recent (2013) rulings ...

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SEC Votes To Propose Equity Crowdfunding By Unaccredited Investors, Now Up For Public Comment | TechCrunch

SEC Votes To Propose Equity Crowdfunding By Unaccredited Investors, Now Up For Public Comment | TechCrunch | Crowdfunding, IP, Infringement | Scoop.it
Hundreds of days past the deadline, an SEC panel today unanimously voted to propose a rule allowing equity crowdfunding of startups by anyone, not just rich..
John Booth's insight:

Hopefully the US acts soon to legalize equity crowdfunding.   Even while the economy is desparate for new jobs,  congress can't seem to pass the laws to let it happen.  Meanwhile, the rest of the world is happy to host all this new business and revenue into their countries.

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