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Unlike many others (I, II), Mark Cuban hopes Yahoo (YHOO) takes Facebook (FB) to the cleaners...

Unlike many others (I, II), Mark Cuban hopes Yahoo (YHOO) takes Facebook (FB) to the cleaners with its patent suit. His reason? Cuban believes a giant verdict in Yahoo's favor would make the public aware of "just how horrific our patent law is." While believing patent laws can protect innovators at times, he thinks they're far more likely to be "anti-competitive, corruptive, [and] impede creativity and innovation." (also)
Comments (8)
  • I hope Yahoo takes FB to the cleaners too. I'm tired of hearing about FB. No one needs FB really, is that disclosed as risk in their S-1? It's not like they created something really beneficial. I find it so much more meaningful talking and keeping up with relatives overseas via Skype, Google Chat, etc.

     

    The FB platform does not really give a great product, tool or resource. There are much better ideas that will evolve in the near term and FB better watch out!
    13 Mar 2012, 06:59 PM Reply Like
  • Whatever you think about him, yahoo, or facebook, he has a point. It's time for patents to be eliminated. Yes, all of them. No more hiding behind monopolies. Compete on merits of your product, not based on how many lawyers you have. Yahoo will continue to go the way of SCO if this is their new business model.
    13 Mar 2012, 07:24 PM Reply Like
  • And in a global economy, patents simply don't matter much. China will copy whatever you do, and they'll do it cheaper. The only way to stay ahead is to keep innovating the next thing.
    13 Mar 2012, 07:30 PM Reply Like
  • Exactly.
    13 Mar 2012, 07:37 PM Reply Like
  • did you create anything yet? can i clone that and sell at 50% discount and pay you nothing for your invention? patent does not stop you from using other's patent as long as you pay a small fee for using it. what is wrong with that? check out the samsung blackberry curve. that is how good samsung can be...before they steal apple patent and made samsung galaxy II. they dont need to spend billions in reasearch n delelopment. now they sell phone for much less to kill the others. is that fair?
    27 Jun 2012, 11:13 AM Reply Like
  • I create stuff all the time (as part of the companies I work/have worked for). Sure, you can copy it, I don't really care.

     

    Keys to reducing competition:
    - Do it first
    - Keep margins high enough to profit but low enough that you don't encourage a raft of competitors (vary % based on barriers to entry).
    - The most important: Do it better

     

    Yahoo failed on the last one the most.

     

    The samsung blackberry curve wasn't a device so I've no idea what you're trying to say but Samsung make some of the best devices on the market. They're meeting market demands.

     

    Apple's recent patent fight with Samsung were based on design. The *shape* of the device. A prime example of just how stupid patents have gotten.
    27 Jun 2012, 02:13 PM Reply Like
  • Yahoo's patents should be protected.
    13 Mar 2012, 11:36 PM Reply Like
  • BS... Yahoo had a large time advantage on Internet commerce and they utterly squandered it, went to sleep at the wheel without a single improvement in the webportal idea. They deserve to be run over by other agressive, risktakers.
    14 Mar 2012, 03:40 AM Reply Like
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