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Re:Yahoo Crosses The Line by CPlatypus on Tuesday March 13, 2012 @08:34AM (#3698088)
His blog title is "A VC" plus right at the top of the page it says "Fred Wilson is a VC and principal of Union Square Ventures" so yeah, I think I was on pretty firm ground there.
Re:Yahoo Crosses The Line by JoachimSchipper on Tuesday March 13, 2012 @08:37AM (#3698096)
There is no doubt that Fred Wilson is a VC. You haven't shown that he pushes startups to apply for frivolous patents, though.
Re:Yahoo Crosses The Line by lusr on Tuesday March 13, 2012 @09:13AM (#3698217)
Not only that but Fred would have to push for enforcing the frivolous patents for OPs criticism to be justified.
Re:Yahoo Crosses The Line by CPlatypus on Tuesday March 13, 2012 @09:24AM (#3698257)
No, he'd just have to allow that. Anyone can say they're spending all that money on lawyers for purely defensive purposes, but without a public written commitment it's just BS. If the talent leaves and the business dries up, the intellectual property is often the only asset remaining. That's why VCs demand it, so they can minimize their losses by capitalizing on the IP. I have friends whose names are on patents that have been abused, and they're livid about it (or in one case severely depressed) but there's nothing they can do. If the intent is to use patents only defensively, why not put it in writing? If somebody doesn't, anybody else who believes that will be the case anyway is hopelessly naive. It's part of the game plan from before the moment of filing.
Re:Yahoo Crosses The Line by CPlatypus on Tuesday March 13, 2012 @09:12AM (#3698213)
No, sorry, I'm not in the room at other people's startups when they do that. What I can do, however, is look at the list of investments at Union Square Ventures where he's a principal. Then I can find patents and applications for founders and VPs at Etsy, Twilio, GetGlue, and others. I've probably been at more startups than most in this thread, and I've been under that pressure myself, so I know exactly how that happens. Do I know Fred was involved here? No. Does it seem likely? Yes. He sure doesn't seem to take a strong stance against the practice, does he?
Re:Yahoo Crosses The Line by webwright on Tuesday March 13, 2012 @09:19AM (#3698244)
Wow. Stereotypes are a real timesaver, eh? Judge the man by his actions and words. Not his freakin' job title.