The Goodlatte Patent Bill (a post by @FredWilson)

"Yesterday the White House came out in favor of Rep Bob Goodlatte's patent bill. This is a good thing. The Goodlatte bill doesn't have everything in it that we would like to see in a bill aimed at reducing the pain that patent trolls inflict on the innovation economy, but it is a good start and I think it can get improved in conference with the Senate. One thing that was taken out of the Goodlatte bill that we would like to see put back in during the conference with the Senate is the broadening of the covered business method patent review process to include all business method patents. In the five plus years that we have been working to educate government officials about the blight that patent trolls have wreaked on the startup sector, I have seen a huge shift. We have gone from elected officials being ignorant about this issue, to be aware of it, to now being as outraged as we are about the troll issue. That's a good thing and the result, I think, will be better laws and better processes to out bad patents and bad actors in the system. This is long overdue but welcome nonetheless." Content from Fred Wilson's blog, avc.com, used under Creative Commons License. Fred Wilson is a VC and principal of Union Square Ventures. Originally posted on December 4, 2013.