Opps sorry about that.
Will check the original thread

On Fri, Jun 5, 2015 at 9:06 AM, Fergal Byrne <[email protected]>
wrote:

> This thread is broken. I've answered both of you in the original thread.
>
> On Fri, Jun 5, 2015 at 4:50 PM, Chandan Maruthi <[email protected]
> > wrote:
>
>> The Time-Bombed license is exactly what it sounds like. From a legal\risk
>> perspective i would be a strict no for anyone willing to invest in a
>> company that uses such IP at its core. What is the guarantee that the
>> founding team will be able to replace the core IP with something
>> proprietary when they reach the time limit. Even more customers will not
>> want to have anything to do with your internal IP licensing and having a
>> risk of open sourcing their products .
>>
>> All I would say is, keep it simple. Take X % upfront and get done with
>> it. keep the X% so low that people dont really care . But the X% across
>> hundreds of companies adds up really quick. If some one does not want to
>> give the X% then may be have other models. When a company is founded or 6
>> months old there is no way you can value it. Its just a
>> time/opportunity/risk decision anyway. Then why waste time trying to have a
>> case to case discussion everytime. A lot of people may not even come to the
>> table to discuss and may just go the other way.
>>
>>
>> Chandan
>>
>> On Fri, Jun 5, 2015 at 6:43 AM, Matt Lind via nupic <
>> [email protected]> wrote:
>>
>>>
>>>
>>> ---------- Forwarded message ----------
>>> From: Matt Lind <[email protected]>
>>> To: "NuPIC general mailing list." <[email protected]>
>>> Cc:
>>> Date: Fri, 5 Jun 2015 21:43:19 +0800
>>> Subject: Re: New Dual-licensing Idea: Time-Bombed Open License
>>> The best thing about it is its name, time bomb. Because that's exactly
>>> what it is. And I don't think any developer, or customer, would feel
>>> comfortable sitting on one. Besides, it'd be difficult to implement,
>>> operationally (when exactly do the 2-4 years start? When you download the
>>> GPL? Start coding? Sell to customer? Customer starts using it?, ..) and
>>> legally (what exactly are you selling to your customer?). So, it's a nice
>>> thought experiment, but my guess is, it's not realistic.
>>>
>>> Matt
>>>
>>>
>>>
>>>
>>>
>>>
>>> On 05 Jun 2015, at 21:09, Fergal Byrne <[email protected]>
>>> wrote:
>>>
>>> No such thing as a stupid question David, just the ones you don't ask!
>>> This is a (barely) 4-day old idea, so it'll have wrinkles. Please test to
>>> destruction.
>>>
>>> On Fri, Jun 5, 2015 at 2:07 PM, Fergal Byrne <
>>> [email protected]> wrote:
>>>
>>>> If you're a small startup, and you want to build an Open Source project
>>>> so that you have extra help developing it, you're currently stuck never
>>>> earning money directly from the product (you're reduced to secondary income
>>>> from support, consultancy and so on). You might not have the resources to
>>>> build it all yourself (we don't all live in the Valley and have the ears of
>>>> investors), and developing your own commercial license is tricky and
>>>> expensive.
>>>>
>>>> This idea gives you a chance to combine the best of both, and avoid the
>>>> worst. It also reassures investors that your customers will not be lost in
>>>> the event your startup fails, because it reverts to an open source project.
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> On Fri, Jun 5, 2015 at 2:02 PM, cogmission (David Ray) <
>>>> [email protected]> wrote:
>>>>
>>>>> Hmmm. Then I don't see the advantage? It's like having your
>>>>> intellectual property torn out from under you after 4 years?  :P lol!
>>>>>
>>>>> On Fri, Jun 5, 2015 at 7:48 AM, Fergal Byrne <
>>>>> [email protected]> wrote:
>>>>>
>>>>>> No, that's exactly what it says you can't do! You have to go 100%
>>>>>> Open Source after 2-4 years, you have to monetize before then. On the 
>>>>>> other
>>>>>> hand, you can start again with a new major version of your product, but 
>>>>>> the
>>>>>> old version will have to have been fully opened up.
>>>>>>
>>>>>> On Fri, Jun 5, 2015 at 1:43 PM, cogmission (David Ray) <
>>>>>> [email protected]> wrote:
>>>>>>
>>>>>>> Assuming the business in question is fully able to monetize their
>>>>>>> initial offering within 4 years, they could then (after being bombed 
>>>>>>> :-P)
>>>>>>> opt for a full commercial license with full fees. I like it! It offers a
>>>>>>> way to charge a minimal affordable fee initially while the business 
>>>>>>> model
>>>>>>> awaits confirmation - while still offering the original rights owner the
>>>>>>> ability to capitalize later when affordable by the customer.
>>>>>>>
>>>>>>> Interesting...
>>>>>>>
>>>>>>> On Fri, Jun 5, 2015 at 7:26 AM, Fergal Byrne <
>>>>>>> [email protected]> wrote:
>>>>>>>
>>>>>>>>
>>>>>>>> Hi guys,
>>>>>>>>
>>>>>>>> After a wonderful weekend at the hackathon, Richard Crowder and I
>>>>>>>> were brainstorming as we walked around Manhattan on Monday. We came up 
>>>>>>>> with
>>>>>>>> a new (or new twist on an) idea for dual Open Source/Commercial 
>>>>>>>> projects.
>>>>>>>> We call it the Time-bombed Open License [1].
>>>>>>>>
>>>>>>>> The idea is that you release your software under something strongly
>>>>>>>> copylefted like the GPL for non-commercial use. For commercial users 
>>>>>>>> (who
>>>>>>>> often can't use GPL software inside their own codebase or business), 
>>>>>>>> you
>>>>>>>> charge a fee to absolve the customer from all the GPL obligations, but 
>>>>>>>> with
>>>>>>>> a catch.
>>>>>>>>
>>>>>>>> Your ability to operate the commercial license is time-bombed for
>>>>>>>> 2-4 years, after which time it becomes fully GPL (or whichever your OSS
>>>>>>>> license is). This is transitive, so your customers must also start a
>>>>>>>> time-bomb of the same length.
>>>>>>>>
>>>>>>>> We'd welcome feedback on this idea from you guys, and wonder would
>>>>>>>> this be of interest for Numenta's commercial license for NuPIC? It 
>>>>>>>> might
>>>>>>>> also be worth thinking about for nupic-community projects (this would
>>>>>>>> involve Numenta granting commercialisation rights to these projects).
>>>>>>>>
>>>>>>>> Regards,
>>>>>>>>
>>>>>>>> Fergal Byrne
>>>>>>>>
>>>>>>>>
>>>>>>>> [1] http://occupystartups.me
>>>>>>>> --
>>>>>>>>
>>>>>>>> Fergal Byrne, Brenter IT
>>>>>>>>
>>>>>>>> http://inbits.com - Better Living through Thoughtful Technology
>>>>>>>> http://ie.linkedin.com/in/fergbyrne/ -
>>>>>>>> https://github.com/fergalbyrne
>>>>>>>>
>>>>>>>> Founder of Clortex: HTM in Clojure -
>>>>>>>> https://github.com/nupic-community/clortex
>>>>>>>>
>>>>>>>> Author, Real Machine Intelligence with Clortex and NuPIC
>>>>>>>> Read for free or buy the book at
>>>>>>>> https://leanpub.com/realsmartmachines
>>>>>>>>
>>>>>>>> e:[email protected] t:+353 83 4214179
>>>>>>>> Join the quest for Machine Intelligence at http://numenta.org
>>>>>>>> Formerly of Adnet [email protected] http://www.adnet.ie
>>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>> --
>>>>>>> *With kind regards,*
>>>>>>>
>>>>>>> David Ray
>>>>>>> Java Solutions Architect
>>>>>>>
>>>>>>> *Cortical.io <http://cortical.io/>*
>>>>>>> Sponsor of:  HTM.java <https://github.com/numenta/htm.java>
>>>>>>>
>>>>>>> [email protected]
>>>>>>> http://cortical.io
>>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>> --
>>>>>>
>>>>>> Fergal Byrne, Brenter IT
>>>>>>
>>>>>> http://inbits.com - Better Living through Thoughtful Technology
>>>>>> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne
>>>>>>
>>>>>> Founder of Clortex: HTM in Clojure -
>>>>>> https://github.com/nupic-community/clortex
>>>>>>
>>>>>> Author, Real Machine Intelligence with Clortex and NuPIC
>>>>>> Read for free or buy the book at
>>>>>> https://leanpub.com/realsmartmachines
>>>>>>
>>>>>> e:[email protected] t:+353 83 4214179
>>>>>> Join the quest for Machine Intelligence at http://numenta.org
>>>>>> Formerly of Adnet [email protected] http://www.adnet.ie
>>>>>>
>>>>>
>>>>>
>>>>>
>>>>> --
>>>>> *With kind regards,*
>>>>>
>>>>> David Ray
>>>>> Java Solutions Architect
>>>>>
>>>>> *Cortical.io <http://cortical.io/>*
>>>>> Sponsor of:  HTM.java <https://github.com/numenta/htm.java>
>>>>>
>>>>> [email protected]
>>>>> http://cortical.io
>>>>>
>>>>
>>>>
>>>>
>>>> --
>>>>
>>>> Fergal Byrne, Brenter IT
>>>>
>>>> http://inbits.com - Better Living through Thoughtful Technology
>>>> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne
>>>>
>>>> Founder of Clortex: HTM in Clojure -
>>>> https://github.com/nupic-community/clortex
>>>>
>>>> Author, Real Machine Intelligence with Clortex and NuPIC
>>>> Read for free or buy the book at https://leanpub.com/realsmartmachines
>>>>
>>>> e:[email protected] t:+353 83 4214179
>>>> Join the quest for Machine Intelligence at http://numenta.org
>>>> Formerly of Adnet [email protected] http://www.adnet.ie
>>>>
>>>
>>>
>>>
>>> --
>>>
>>> Fergal Byrne, Brenter IT
>>>
>>> http://inbits.com - Better Living through Thoughtful Technology
>>> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne
>>>
>>> Founder of Clortex: HTM in Clojure -
>>> https://github.com/nupic-community/clortex
>>>
>>> Author, Real Machine Intelligence with Clortex and NuPIC
>>> Read for free or buy the book at https://leanpub.com/realsmartmachines
>>>
>>> e:[email protected] t:+353 83 4214179
>>> Join the quest for Machine Intelligence at http://numenta.org
>>> Formerly of Adnet [email protected] http://www.adnet.ie
>>>
>>>
>>>
>>
>>
>> --
>> Regards
>> Chandan Maruthi
>>
>>
>
>
> --
>
> Fergal Byrne, Brenter IT @fergbyrne
>
> http://inbits.com - Better Living through Thoughtful Technology
> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne
>
> Founder of Clortex: HTM in Clojure -
> https://github.com/nupic-community/clortex
> Co-creator @OccupyStartups Time-Bombed Open License
> http://occupystartups.me
>
> Author, Real Machine Intelligence with Clortex and NuPIC
> Read for free or buy the book at https://leanpub.com/realsmartmachines
>
> e:[email protected] t:+353 83 4214179
> Join the quest for Machine Intelligence at http://numenta.org
> Formerly of Adnet [email protected] http://www.adnet.ie
>



-- 
Regards
Chandan Maruthi

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