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Prominent VC: Abolish software patents!

Greg sez, “Fred Wilson, formerly a general partner of Flatiron Partners (the most prominent Silicon Alley firm during the dot boom) and now GP of Union Square Ventures, says in his blog that software patents should be abolished–despite the fact that many of the firms in his portfolio have benefited from them. When even the money people start saying this, perhaps there’s a chance.”

Innovation is an evolution. Everybody takes from everybody else. A truly competitve darwinian system where it’s survival of the fittest may produce orders of magnitude more innovation than a system where someone gets to keep a lid on their invention (if in fact it is their invention which is a serious problem with our current system).

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(Thanks, Greg!)

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