Sunday, January 08, 2012

SOPA Legislation

I sent the following letter to Senators Hutchinson and Cornyn and Representative Culberson.

Dear Senator:


As a long-time investor in e-commerce and Internet businesses, I want to provide my view on the proposed "SOPA" legislation.

Despite its clever name, this legislation has little to do with preventing copyright and patent infringement, and everything to do with old media companies trying to grab power.

Over the last twenty years America's growth has been powered by enterprises like Microsoft, Intel, Apple, Oracle, Dell, EBay, WebMD, Facebook, Google, EMC, and Twitter. New ones are emerging continuously like Fusion IO Tumbler and Square. What have the movie companies produced? Saw II? Halloween IV?

This is the creative destruction of capitalism and the free markets at its finest. Don't let the declining industries handicap the innovative ones.

Thank you for your consideration.

Sincerely,

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