Posts filed under “Venture Capital”

Burst.com v. Microsoft

Brst_4


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Since so many people have emailed me about this, I might as well deal with it all at once:

Yes, I am on the Board of Directors of Burst.com. They are the firm that forced a $60 million settlement/patent licensing deal with Microsoft last week.

No, I cannot comment about any information that is not public (duh). (Not that its stopped people from asking). One day, I will write up the entire saga; it would make a pretty interesting blog post — or a really lousy book.

For now, you will just have to be satisfied with a few public links:

Bursted Not Busted
By Robert X. Cringely
http://www.pbs.org/cringely/pulpit/pulpit20050317.html

Paradigm Lost, Paradigm Found
Santa Rosa streaming media company Burst battles the Microsoft octopus and comes out on top
By R. V. Scheide
http://www.metroactive.com/papers/sonoma/03.16.05/burstdotcom-0511.html

As soon as I can go into more details, I will. But for cryin” out loud, please don’t ask me questions where either of us ends up wearing an Orange Jumpsuit.

 

Category: Film, Finance, Music, Venture Capital, Web/Tech

MalWare Investors

Ben Edelman is a Ph.D. candidate at the Department of Economics at Harvard University and a student at the Harvard Law. He is more than annoyed at spyware.

Ben has been fairly active tracking the activities of spyware companies. While most of us merely whine about the pathetic weasels who put out this technogarbage (along with making an occasional anonymous death threat), he has actually done something productive about it.

His site is a rich resource for "Research, Testing, Legislation, and LawSuits". More recently,  Ben created a page that:

"lists major US companies in the spyware business as I define it (tracking and/or collecting sensitive information, either without notice and consent or without meaningful notice and informed consent), along with the investors who have provided these companies with, by my count, at least $139 million of venture funding."

In other words, a list of the VCs who gave money to Malware firms. I wonder how many partners know that they are investors who fund and support Spyware? Let’s hope they apply pressure to their general partners to stop them, and cut the funding off at the source. 

I like the idea a lot. Nothing like a little sunshine on bad corporate/VC activity to influence some behavioral modifications.

Source:
Investors Supporting Spyware
Ben Edelman
http://www.benedelman.org/spyware/investors/

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Category: Venture Capital