fusenet’s employment/entrepreneur program

A very interesting story in IT World Canada about a company called Fusenet that has put into place a novel approach to business. In effect, it is empowering its employees to become entrepreneurs and giving them equity in their creations. Fascinating approach. Inevitably comparisons can be drawn with a similar program Google runs, but as far as I’m aware Google retains ownership of everything created by its employees. Not so with Fusenet’s model. From the article:

Every Friday, the Pet Project Program (P3) goes into effect. “If you’ve been approved into the program, on Friday, we don’t expect to see you at your desk. You’ll be in our lab or you’ll be collaborating with other people,” said Singhal.

The P3 model is codified into employee agreements and the intellectual property developed during this time does not belong to Fusenet, he said.

If an employee spends three months working every Friday to develop a new technology for better video compression, for example, and then presents it to the company, the idea still belongs to the employee, said Singhal.

Fusenet will ask the employee how much they want to sell the idea for or whether they want to start a company that will sell or license the product, he said. “We’ll help you market that and say, ‘We’ll take 50 per cent of the equity, you take the other 50 per cent,’” he said.

“We will help you with money, we will give you all the resources you need – marketing, customer service, R&D – but you get to keep a significant chunk of the equity in the business as opposed to having just the pride of being able to say you started it,” he said.

The policy applies to all employees, but it’s the software developers who are most likely to come up with the ideas, said Singhal. “We thought this was an interesting model … 99 per cent of the companies out there will take the software,” he said.

Fusenet has experienced one major success, one emerging success and two failures as a result of the model, said Singhal. Another five projects are currently in the R&D stage, he said.

Of course there is a caveat noted in the story about how such an arrangement must be carefully documented. I could also see a few risks associated with this as far as delineation of IP and who owns what. Very often, when new ideas spring up, they may be closely related to some existing intellectual property or based upon it. The question then is where the dividing line is or should be drawn and how that is set out in the documents. Not an insurmountable issue but one that does warrant a bit of thought.

I certainly admire Fusenet for having the vision and courage to adopt such a model. Of course, it’s no guarantee for success but certainly puts all the right incentives in place to have an environment conducive to that. I really do hope to see some interesting things come out of their shop in the near future. They will, after all, be very likely to attract the right sort of folks with this program.

google announces new browser

Most of you probably already have heard that Google has officially announced its new browser, Chrome, which will be released to the public (in beta form) later today. It is an open source project that has a very, very interesting set of features that enhance security, privacy, speed and stability, including  multiprocessing architecture.

You can read more about the features in the comic that Google has published to walk you through it. What a great approach. Wikipedia also has a bit of a compressed summary of the new features as well, which is a bit quicker to get through than the comic.

Will be very interesting to see how this browser does. I imagine it likely will be quite good, given most of the stuff that Google has offered. That being said, I was a bit concerned as to what this meant for Mozilla, whose existence (or at least revenue) I understand depends significantly on its relationship with Google, which is now, effectively, a competitor of sorts. Mozilla’s CEO has already posted his reactions to Chrome. Whether or not it turns out to be a good thing or bad thing remains to be seen – there are already a few folks who have alluded to the possibility of a Google “monopoly” and/or anti-competitive behaviour through Chrome. IMHO I think that’s rather unlikely.

At the end of the day, though, I think this will only serve to enhance the choices people have, browser wise, and improve things all around. Though I’m hoping it will not lead to the demise of Mozilla. I like Mozilla. And of course Firefox.

Update: Alas several hours later no Chrome love for yours truly. If you haven’t given it a shot by all means do so and let me know if you get through. I imagine that’s what happen when a billion or so people try to download the same thing, notwithstanding Google’s massive pipes and data centres. (see below) Also, saw a great story in The Register, that poked a bit of fun at Google. A little sample that, coincidentally, fits right in with the law-related theme of this blog:

Further update: Seems I had a bad link. Tried again (googled) and was able to download from a different URL. Very easily, actually. But, alas, apparently need to close the browser I’m using to install…

Further further update: Installed and running. So far, so good. Rather bare bones but impressive memory footprint, and very snappy, both on launch and, well, pretty well everything else. A very simple and straightforward approach that doesn’t have a million options, choices and tweaks, or nifty integrations (a la Flock). Miss my plugins though. And not surprising there don’t appear to be any for Chrome right now, at least AFAIK.

Another update: Works well but does not play well with Facebook – some links/features just don’t work.

Apples and Oranges and Mobile Phones

This won’t be long and has no legal bent to it and you’ve probably already seen it elsewhere, but if you haven’t, you really should take a look.

When the iPod came out, I though “meh” – its OK. Not great. Just OK. Of course, as everyone knows, it did very well.

On the other hand, the new iPhone? Wow. Stunning. Remarkable. I can’t imagine how this thing will *not* fly off the shelves.

After all the particularly bad attempts at doing this in the past, finally, someone got it right.  Sure, its not absolute perfection, but it comes pretty close.
My humble opinion? Unless some major disaster happens with it (like it doesn’t work as described, or breaks when you drop it, etc.), iPhone will make the iPod look like a wee, tiny drop in the bucket.
Live from Macworld 2007: Steve Jobs keynote – Engadget

Microsoft Patents RSS. Or Tries To. Maybe.

Interesting post on someone else’s blog about Microsoft apparently trying to patent RSS:

The applications, filed last June but just made public yesterday, cover subscribing and discovering what Microsoft calls “Web feeds.” That comes as a bit of a shock to anyone who’s been working on RSS, which has its origins in a format developed seven years ago at Netscape Communications.

Microsoft executive Don Dodge, while not involved in the patent applications, says he suspects the filings were made to defend the company against “patent trolls”. (The filings were made shortly before Microsoft announced plans to build RSS technology into its upcoming Vista operating system.) Still, if granted, the patents would give Microsoft a legal cudgel to wield against other companies using RSS.

Well. They do have a point. Generally speaking, I don’t think patent trolls (those that basically file overly broad patents and then sit on them in a dark cave until someone who actually does something useful, and therefore has deep pockets, unwittingly infringes, at which point the troll comes out and clubs them over the head with a lawsuit or settlement) are a good thing. That being said, its ironic that Microsoft feels the need to abuse the system in the same way as patent trolls in order to proactively defend itself. It will be interesting to see how things turn out.

Unfortunately, I’m not necesarily sure that prior art would necessarily invalidate these patents – after all, most of NTP’s patents were more or less considered invalid, but that didn’t stop them from collecting several hundred million from RIM. And its not like there haven’t been other, um, rather broad patents asserted in the past. You know, like back in 2002, when British Telecom asserted ownership of hyperlinks (which they lost) though of course BT doesn’t quite fit the description of a patent troll.

Then again, it begs the question as to who or what should or shouldn’t be considered a patent troll – for example, its well known that IBM has a huge, gigantic, enormous arsenal of patents at its disposal. IBM also actively licenses these patents (and of course threatens litigation where it believes its rights are being violated), but it isn’t necessarily the case that IBM would otherwise have exploited these patents in what I’ll call “active” business – i.e. making and selling something based on the patent as opposed to primarily seeking royalties and licenses from those do – even though IBM does do so in some cases. So does that make IBM a patent troll? What about Philo T. Farnsworth who, arguably, never started producing televisions but instead sought legal claims against others?

My perhaps overly simplistic take on this is that patent trolls are not inherently the problem, but rather the ability, primarily in the US, to register patents that should have never issued in the first place. If someone comes up with a smart, cool, inventive, and truly novel way of doing something, then they should certainly be free to either produce something with it, or sue the living daylights out of someone else who comes along and infringes the IP even if they don’t (or can’t) make productive use of it themselves. Not actively exploiting a patent is not necessarily tantamount to being a bad guy, IMHO.

It will be interesting to see what happens on this front, if anything. If nothing does, then I may well turn to drafting patents, the first being “Method of Utilizing a Rhythmic Cadence in the Expansion and Contraction of Multiple Muscular Groupings to Faciliate Indefinite Continuation of Metabolism of Cell Structures.” I like the sound of that. Yes indeed.