Reducing the term I think is doable.  Getting rid of transferability
sounds complicated.  You take on a new investor, is that a transfer of
ownership?  What about voting rights vs outright ownership?  Plus you
are already removing much of the perceived "value" with reducing the
term + ditching transferability  - so why go the extra bit and just
abolish software/process patents?

I still haven't heard much about the benefits of software patents.
Could someone enlighten me?



2011/8/10 Cédric Beust ♔ <[email protected]>:
> On Wed, Aug 10, 2011 at 6:23 AM, phil swenson <[email protected]>
> wrote:
>>
>> In the no-transfer scenario, what happens in an acquisition?  The
>> patent is just invalidated?
>
> Yes, let's just say it becomes public domain and free for all.
> --
> Cédric
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