This thread is broken. I've answered both of you in the original thread. On Fri, Jun 5, 2015 at 4:50 PM, Chandan Maruthi <[email protected]> wrote:
> The Time-Bombed license is exactly what it sounds like. From a legal\risk > perspective i would be a strict no for anyone willing to invest in a > company that uses such IP at its core. What is the guarantee that the > founding team will be able to replace the core IP with something > proprietary when they reach the time limit. Even more customers will not > want to have anything to do with your internal IP licensing and having a > risk of open sourcing their products . > > All I would say is, keep it simple. Take X % upfront and get done with it. > keep the X% so low that people dont really care . But the X% across > hundreds of companies adds up really quick. If some one does not want to > give the X% then may be have other models. When a company is founded or 6 > months old there is no way you can value it. Its just a > time/opportunity/risk decision anyway. Then why waste time trying to have a > case to case discussion everytime. A lot of people may not even come to the > table to discuss and may just go the other way. > > > Chandan > > On Fri, Jun 5, 2015 at 6:43 AM, Matt Lind via nupic < > [email protected]> wrote: > >> >> >> ---------- Forwarded message ---------- >> From: Matt Lind <[email protected]> >> To: "NuPIC general mailing list." <[email protected]> >> Cc: >> Date: Fri, 5 Jun 2015 21:43:19 +0800 >> Subject: Re: New Dual-licensing Idea: Time-Bombed Open License >> The best thing about it is its name, time bomb. Because that's exactly >> what it is. And I don't think any developer, or customer, would feel >> comfortable sitting on one. Besides, it'd be difficult to implement, >> operationally (when exactly do the 2-4 years start? When you download the >> GPL? Start coding? Sell to customer? Customer starts using it?, ..) and >> legally (what exactly are you selling to your customer?). So, it's a nice >> thought experiment, but my guess is, it's not realistic. >> >> Matt >> >> >> >> >> >> >> On 05 Jun 2015, at 21:09, Fergal Byrne <[email protected]> >> wrote: >> >> No such thing as a stupid question David, just the ones you don't ask! >> This is a (barely) 4-day old idea, so it'll have wrinkles. Please test to >> destruction. >> >> On Fri, Jun 5, 2015 at 2:07 PM, Fergal Byrne <[email protected] >> > wrote: >> >>> If you're a small startup, and you want to build an Open Source project >>> so that you have extra help developing it, you're currently stuck never >>> earning money directly from the product (you're reduced to secondary income >>> from support, consultancy and so on). You might not have the resources to >>> build it all yourself (we don't all live in the Valley and have the ears of >>> investors), and developing your own commercial license is tricky and >>> expensive. >>> >>> This idea gives you a chance to combine the best of both, and avoid the >>> worst. It also reassures investors that your customers will not be lost in >>> the event your startup fails, because it reverts to an open source project. >>> >>> >>> >>> >>> >>> On Fri, Jun 5, 2015 at 2:02 PM, cogmission (David Ray) < >>> [email protected]> wrote: >>> >>>> Hmmm. Then I don't see the advantage? It's like having your >>>> intellectual property torn out from under you after 4 years? :P lol! >>>> >>>> On Fri, Jun 5, 2015 at 7:48 AM, Fergal Byrne < >>>> [email protected]> wrote: >>>> >>>>> No, that's exactly what it says you can't do! You have to go 100% Open >>>>> Source after 2-4 years, you have to monetize before then. On the other >>>>> hand, you can start again with a new major version of your product, but >>>>> the >>>>> old version will have to have been fully opened up. >>>>> >>>>> On Fri, Jun 5, 2015 at 1:43 PM, cogmission (David Ray) < >>>>> [email protected]> wrote: >>>>> >>>>>> Assuming the business in question is fully able to monetize their >>>>>> initial offering within 4 years, they could then (after being bombed :-P) >>>>>> opt for a full commercial license with full fees. I like it! It offers a >>>>>> way to charge a minimal affordable fee initially while the business model >>>>>> awaits confirmation - while still offering the original rights owner the >>>>>> ability to capitalize later when affordable by the customer. >>>>>> >>>>>> Interesting... >>>>>> >>>>>> On Fri, Jun 5, 2015 at 7:26 AM, Fergal Byrne < >>>>>> [email protected]> wrote: >>>>>> >>>>>>> >>>>>>> Hi guys, >>>>>>> >>>>>>> After a wonderful weekend at the hackathon, Richard Crowder and I >>>>>>> were brainstorming as we walked around Manhattan on Monday. We came up >>>>>>> with >>>>>>> a new (or new twist on an) idea for dual Open Source/Commercial >>>>>>> projects. >>>>>>> We call it the Time-bombed Open License [1]. >>>>>>> >>>>>>> The idea is that you release your software under something strongly >>>>>>> copylefted like the GPL for non-commercial use. For commercial users >>>>>>> (who >>>>>>> often can't use GPL software inside their own codebase or business), you >>>>>>> charge a fee to absolve the customer from all the GPL obligations, but >>>>>>> with >>>>>>> a catch. >>>>>>> >>>>>>> Your ability to operate the commercial license is time-bombed for >>>>>>> 2-4 years, after which time it becomes fully GPL (or whichever your OSS >>>>>>> license is). This is transitive, so your customers must also start a >>>>>>> time-bomb of the same length. >>>>>>> >>>>>>> We'd welcome feedback on this idea from you guys, and wonder would >>>>>>> this be of interest for Numenta's commercial license for NuPIC? It might >>>>>>> also be worth thinking about for nupic-community projects (this would >>>>>>> involve Numenta granting commercialisation rights to these projects). >>>>>>> >>>>>>> Regards, >>>>>>> >>>>>>> Fergal Byrne >>>>>>> >>>>>>> >>>>>>> [1] http://occupystartups.me >>>>>>> -- >>>>>>> >>>>>>> Fergal Byrne, Brenter IT >>>>>>> >>>>>>> http://inbits.com - Better Living through Thoughtful Technology >>>>>>> http://ie.linkedin.com/in/fergbyrne/ - >>>>>>> https://github.com/fergalbyrne >>>>>>> >>>>>>> Founder of Clortex: HTM in Clojure - >>>>>>> https://github.com/nupic-community/clortex >>>>>>> >>>>>>> Author, Real Machine Intelligence with Clortex and NuPIC >>>>>>> Read for free or buy the book at >>>>>>> https://leanpub.com/realsmartmachines >>>>>>> >>>>>>> e:[email protected] t:+353 83 4214179 >>>>>>> Join the quest for Machine Intelligence at http://numenta.org >>>>>>> Formerly of Adnet [email protected] http://www.adnet.ie >>>>>>> >>>>>> >>>>>> >>>>>> >>>>>> -- >>>>>> *With kind regards,* >>>>>> >>>>>> David Ray >>>>>> Java Solutions Architect >>>>>> >>>>>> *Cortical.io <http://cortical.io/>* >>>>>> Sponsor of: HTM.java <https://github.com/numenta/htm.java> >>>>>> >>>>>> [email protected] >>>>>> http://cortical.io >>>>>> >>>>> >>>>> >>>>> >>>>> -- >>>>> >>>>> Fergal Byrne, Brenter IT >>>>> >>>>> http://inbits.com - Better Living through Thoughtful Technology >>>>> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne >>>>> >>>>> Founder of Clortex: HTM in Clojure - >>>>> https://github.com/nupic-community/clortex >>>>> >>>>> Author, Real Machine Intelligence with Clortex and NuPIC >>>>> Read for free or buy the book at https://leanpub.com/realsmartmachines >>>>> >>>>> e:[email protected] t:+353 83 4214179 >>>>> Join the quest for Machine Intelligence at http://numenta.org >>>>> Formerly of Adnet [email protected] http://www.adnet.ie >>>>> >>>> >>>> >>>> >>>> -- >>>> *With kind regards,* >>>> >>>> David Ray >>>> Java Solutions Architect >>>> >>>> *Cortical.io <http://cortical.io/>* >>>> Sponsor of: HTM.java <https://github.com/numenta/htm.java> >>>> >>>> [email protected] >>>> http://cortical.io >>>> >>> >>> >>> >>> -- >>> >>> Fergal Byrne, Brenter IT >>> >>> http://inbits.com - Better Living through Thoughtful Technology >>> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne >>> >>> Founder of Clortex: HTM in Clojure - >>> https://github.com/nupic-community/clortex >>> >>> Author, Real Machine Intelligence with Clortex and NuPIC >>> Read for free or buy the book at https://leanpub.com/realsmartmachines >>> >>> e:[email protected] t:+353 83 4214179 >>> Join the quest for Machine Intelligence at http://numenta.org >>> Formerly of Adnet [email protected] http://www.adnet.ie >>> >> >> >> >> -- >> >> Fergal Byrne, Brenter IT >> >> http://inbits.com - Better Living through Thoughtful Technology >> http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne >> >> Founder of Clortex: HTM in Clojure - >> https://github.com/nupic-community/clortex >> >> Author, Real Machine Intelligence with Clortex and NuPIC >> Read for free or buy the book at https://leanpub.com/realsmartmachines >> >> e:[email protected] t:+353 83 4214179 >> Join the quest for Machine Intelligence at http://numenta.org >> Formerly of Adnet [email protected] http://www.adnet.ie >> >> >> > > > -- > Regards > Chandan Maruthi > > -- Fergal Byrne, Brenter IT @fergbyrne http://inbits.com - Better Living through Thoughtful Technology http://ie.linkedin.com/in/fergbyrne/ - https://github.com/fergalbyrne Founder of Clortex: HTM in Clojure - https://github.com/nupic-community/clortex Co-creator @OccupyStartups Time-Bombed Open License http://occupystartups.me Author, Real Machine Intelligence with Clortex and NuPIC Read for free or buy the book at https://leanpub.com/realsmartmachines e:[email protected] t:+353 83 4214179 Join the quest for Machine Intelligence at http://numenta.org Formerly of Adnet [email protected] http://www.adnet.ie
