A while ago, I wrote about patent trolls and wondered about the viability of intellectual property, in the form of patents, as a liquid, tradeable, securitized asset class. I also mentioned Nathan Myhrvold’s Intellectual Ventures as one outfit that could drive patents toward an elevated asset class status. In a recent TechCrunch post about Myhrvold, it appears he’s gone a long way in pushing patents to become more liquid and tradeable. In summary, Intellectual Ventures has systematically acquired a patent portfolio of over 20,000 patents. In the eight years since …

Technology industry heavyweights are banding together to form a new group called the Allied Security Trust. Members include Google (GOOG), Cisco Systems (CSCO) and Hewlett-Packard (HPQ). This alliance will buy up patents in the marketplace to preempt “patent trolls” from acquiring these patents in order to extract royalties from Allied Security Trust members.
Patents are notoriously difficult to value but it is clear that patents are becoming a viable asset class in themselves. Taking the cue from many other asset classes, could there be a way to “securitize” a portfolio of …

A couple weeks ago, I wrote about my pessimism regarding the technology sector. The market had seemed to interpret the surprisingly good results reported by Big Blue (IBM), Google (GOOG), and even Yahoo! (YHOO) as reasons for unleashing optimism and a bargain hunting shopping spree for stocks of publicly traded technology companies. Maybe the recessionary environment and the woes faced by banks and the American consumer would not negatively impact corporate budgets for technology. My skepticism rests on the ability of secondary technology companies to weather the economic slowdown. In …

Social networking has thus far been primarily about connecting with lost friends, playing simple games, and gawking at strangers. Aside from the amazing ability to reconnect with buddies from middle school, the rest of social networking mirrors normal human behavior in real life. Lots of people need an avenue for rest and relaxation. Dumb games like Pirates vs. Ninjas on Facebook replaces old time-wasters like watching TV. Who hasn’t been to the mall or the park watching people pass by? We’re all voyeurs to some degree but social networks like …