14 ms·
Does it really promote innovation to advantage 2nd movers? Sure it is possible to add to the software and improve it, but often, the innovation is simply execu
by drostan 15y ago
Does it really promote innovation to advantage 2nd movers? Sure it is possible to add to the software and improve it, but often, the innovation is simply execution, buzz, sales and other non-trivial business things. How can there be a reward for the equally important talents of having the vision for new solutions and ability to create them if there is no patent or licensing protection?
Also, it scares me a bit when someone as influential as Fred takes this to his blog - read by so many startups. VCs make money from execution and have an (or another) incentive to suggest that patents are not an acceptable tool for startups.
I agree with the need for patent reform, actually, but a) I'm not sure eliminating software patents is the answer and b) would encourage each startup to make their own decision on how to use the current laws to give them every advantage they can get.