Wednesday, June 1, 2011

"software patents should not exist, " says Fred Wilson


Investor known for putting his rich buck at companies like Twitter, Tumblr, Foursquare, Zynga and Delicious as they were just betting, Fred Wilson said on Thursday that it "believes that software patents should not exist. "


Commenting on his blog Lodsys the case of company - a company specializing in purchasing patents and miserable and Android developers IOS with its army of lawyers - Wilson said that the current licensing program allows situations "ridiculous and embarrassing. "

"They did not create the idea. Patents bought and now use them to bomb the entire mobile community developers. They are the typical patent troll, which tax the innovation on behalf of his selfishness, "he wrote on his blog, talking specifically about the case of a patent that allows business transactions are conducted within the applications.

"Google and Apple are already paying royalties to Lodsys the use of this patent, but that is not enough for them (...) This is crazy. I can not understand why governments allow this to happen. It is wrong and bad for society, a cancer that grows within our economy, "he adds.