Ding ding ding - people don't seem to understand how the business model actually works... real inventors have to sell out, because unless they sell their stake in a litigation to a financier, they outright cannot afford to litigate an infringement case against one of the big companies that infringed their products and then refused to license
All this talk of "small, inventor-led businesses" is bullcrap because no small business can afford to enforce a patent.
I'd like to hear more about this. Wikipedia seems to say that VLSI Technology was an original investor in ARM Ltd. (which seems like it should have been worth something), was acquired by Philips in 1999, and continues to operate as part of Philips spinoff NXP Semiconductors.
Is this VLSI a different company?
I see where you're coming from, but I would suggest that this is pretty much an extremist point of view on intellectual property protections. It's easy to say that the online shopping cart is a dumb patent (because it is, and the Supreme Court generally agrees with you), but I think you would be hard pressed to argue against the societal value of patents on integrated circuit technologies, which can take $billions to develop, provide tremendous societal value, and have strategic implications.
Still, that does clarify the viewpoint of the piece to some degree - it suggests that you and the EFF are in favor of "patent accelerationism": make the system so shitty for participants that they abandon it entirely. The system is definitely shitty now, but I don't really see anyone abandoning it.
By the way, VLSI is the remains of a real technology company that went out of business... because its IP was blatantly copied. They had no choice but to sell out to a patent troll.