Quoted in Bloomberg “AT&T-Uber Patent Sale Caps Off Q1 Brokered Market Deals”

“Software patents are still in the basement only because of the fear of invalidity,” Mark Holmes, chief executive of Silicon Valley-based patent brokerage firm PatentBridge, said.

However, application software patents related to cybersecurity, the internet of things and self-driving cars are “very hot,” Holmes said. “If you have something that fills the need of a large company, they have the appetite for it.”


Ayaan Hirsi Ali

Heard Ayaan Hirsi Ali speak on the challenges of living a life separate from the one dictated to her as a young woman. She is a Somali-born Dutch-American activist, author, and former Dutch politician. In 2003, she was elected a member of the Dutch House of Representatives (the lower house of the Dutch parliament), representing the People’s Party for Freedom and Democracy (VVD). A political crisis related to the validity of her Dutch citizenship led to her resignation from parliament, and indirectly to the fall of the second Balkenende cabinet in 2006. She then took a position at the American Enterprise Institute in Washington, D.C. The Dutch government continued to provide security for her, this required an increase in their effort and costs. She is now a Fellow at the Hoover Institute.

Lukman Faily, Iraqi Ambassador to the U.S.

The Hon. Luman Faily, Iraqi Ambassador to the U.S., spoke at a lunch about the challenges Iraq faces in uniting its disparate tribal communities. Thousands of years of tradition, conflict and shifting alliances make for a very different country than the history that created the U.S. A businessman who was formerly Iraq’s ambassador to Japan, Ambassador Faily has a personality refreshingly candid for a diplomat.

Band of Angels

Heard last night at the Band of Angels dinner about a startup that can detect and identify sounds. Similar to GE’s technology that detects and alerts police to gunshots this technology can detect truck, automobile and other sounds. Interesting way to surveil a secured location … both inside and out.

FBI San Francisco Cyber Branch Agent Palmore Speaks

Recently heard Malcolm “MK” Palmore, FBI Special Agent in Charge of the Cyber Branch of the San Francisco Division speak on the various cyber threats facing the US and how the FBI is identifying, investigating and helping defend against them. Interesting how the federal government can offer companies a sophisticated forensic analysis of cyber intrusions. Yet so many companies decline the government’s help. A Naval Academy graduate with almost 20 years with the FBI, you can tell from his demeanor he is patiently taking on a frustratingly daunting job.

Patent Law Institute

Spoke on a technology licensing panel with Meredith McKenzie, Vice President and Deputy General Counsel at Juniper Networks.  Always fun to hear the large enterprise side of licensing when I spend so much time on the startup side.  The jousting which inevitably occurs in negotiations between small and large companies is often due to the startups often inability to perform financially onerous obligations. Often because they don’t have the money!

Silicon Valley LES Chapter Annual Meeting

Moderated two panels at the Annual Meeting of the Silicon Valley Chapter of LES (Licensing Executives Society).

The first was with Sarah Guichard, Vice President, Acquisitions at RPX and Murray Vince, Senior Director, Strategic Business Development at Intellectual Ventures. Responding to the question whether patents mattered to investors, they discussed the state of technology valuations and how patents can favorably affect the value of startups and mature companies.

The second was with the top angel investor groups in Silicon Valley:

Steve Millard, Co-Founder, Pathfinder Partners
Manthi Nguyen, Vice President, Sand Hill Angels
Carol Sands of Angels Forum
Ron Weissman, Band of Angels
Randy Williams, Founder & CEO, Keiretsu Forum

Posing the question if patents matter to startups, the answers were mixed. Spend money on patents which may be better used to acquire customers? What happens if you gain traction and millions of paying customers? Will a larger company swoop in and steel them by offering the same service at possibly a lower price or worse … free?

Quoted in Reuters Today

Was quoted today in a Reuters article written by Andrew Longstreth entitled “Ruling on licensing agreements may be bad news for cloud start-ups.

“The ruling did not surprise many legal experts, who are familiar with the advantages enjoyed by the patent holders in disputes with smaller rivals. Mark Holmes, CEO of PatentBridge LLC, a patent broker in Silicon Valley, California, said the decision illustrates the “Beauty and the beast of patent law.”

“It’s a beauty for Microsoft and a beast for this poor little Israeli company trying to crack the market,” he said.

Holmes said the same dynamics apply to the cloud computing market: “You got all these small companies that are always trying to do something in this new terrain and the big companies are trying to corner the market.”

ACG (Association for Corporate Growth) Silicon Valley Dinner

Attended a thought-provoking evening at NetApp with my friend and fellow Band of Angels member Dr. Jacques F. Vallée sponsored by ACG (Association for Corporate Growth) Silicon Valley.  Jacques is also a venture capitalist, computer scientist, author, former astronomer, and General Partner at Euro-America. At dinner I had the pleasure of sitting next to his lovely wife and torturing her with my anemic French.

Jacques’ talk entitled Think About TOMORROW Today “When Strategy Fails: Managing Impossible Futures” demonstrated his keen insights as to why certain events occur and how we in Silicon Valley are affected by them. Jacques should know. Since 1984, he has served as an early-stage investor and director of over 60 high-technology companies, a third of which went public through acquisitions or IPOs.

Of course in his free time Jacques has had a deep and involved interest in astronomy, in writing, and in the frontiers of research, notably unidentified aerial phenomena. He was awarded the Jules Verne Prize for a science fiction novel in French.

Ah, the underachieves of Silicon Valley.

The Intersection at Google

Attended The Intersection at Google.

The Intersection bills itself as a one-day gathering of innovative thinkers, designed to stir your creative imagination, vision and action-planning strategies.  It brings leading innovators from a number of fields to share their thoughts about up-and-coming trends in personal, team and organizational creativity, as well as social impact.  It certainly does.  Among the speakers:

Randy Haykin Founding Partner, Gratitude Network
Evan Williams Co-Founder of Twitter and CEO of The Obvious Corporation
Barry Zito All-Star & Cy Young Recipient Pitcher, San Francisco Giants
Steve Jurvetson Managing Director of Draper Fisher Jurvetson
Frans Johansson Author, The Medici Effect and The Click Moment
Bill Draper Managing Partner, Draper Richards
Nathan Myhrvold, Former CTO of Microsoft and Founder of Intellectual Ventures

It promised to — and did — uncover new ideas, tools and “intersections” that can be applied to one’s personal or professional life and help inspire social change.