Why Would Selling Equity In A Domain Name Deserve A Patent?

from the isn't-selling-equity-selling-equity? dept

Brad Feld, one of the increasing number of VCs who's grown skeptical of the value of patents (software patents in particular) alerts us that domain registrar GoDaddy has apparently applied for a patent on selling shares of equity in a domain name. You can see the application itself, which only has six claims and seems pretty straightforward. It's only an application, so there's still a decent chance this gets rejected -- but the very fact that anyone even thought it was worth applying for such a patent is quite telling. It's difficult to see what is new or unique about what's in the patent, other than it applies the standard process of selling equity in anything to a domain name.
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Filed Under: brad feld, domain names, equity, patent, patent application
Companies: godaddy

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  1. identicon
    Anonymous Coward, 6 Jul 2009 @ 5:37pm

    You mean I can buy equity in snickers.com? Hmmmmm...Mortgage backed securities, anyone?

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