| The hypocrisy is unbelievable:
Google is a major investor in patent troll firm Intellectual Ventures. http://en.wikipedia.org/wiki/Intellectual_Ventures http://www.techflash.com/seattle/2011/05/intellectual-ventur... Amazon, Apple, Cisco, eBay, Microsoft, etc. are also investors but they are not acting like whiny babies and acting all high and mighty going around preaching about how patents are destroying innovation. Fact 1: ------- Google was willing to pay for $3-$4 billion for the same Nortel patents. Fact 2: ------- Google's page rank algorithm is patented. if you don't believe in patents then why the hell do you own patents? Fact 3: ------- Let me quote another commenter on another blog: "How many small and innovative companies has Google killed off by replicating what they do and making it available for free? Great way to keep the next Google from springing up." Message to Google: ------------------ You can use other people's technology, you just have to pay for them. You are being sued left and right not because there's some organized propaganda against you, it's because you STOLE from other companies. |
Also, some of these companies, including Google and Cisco, have been investors for many years, and in the early years IV had a very different tone. Back then, the giant patent-holding company, which was founded by ex-Microsoft CTO Nathan Myhrvold, billed itself as a “patent defense fund.” (Clearly, it hasn’t turned out that way. ) http://paidcontent.org/article/419-giant-patent-holder-intel...
IV was founded in 2000 and they didn't file their first suit until 2010. Companies certainly change their business model ("pivot," if you will).
Regardless, I'd like to see Google (and many others) divest themselves of their interest in IV.