Company Filing History:
Years Active: 2003
Title: The Innovative Mind of David M Sobie
Introduction
David M Sobie is a notable inventor based in Telluride, Colorado. He has made significant contributions to the field of online auctions through his innovative patent. His work exemplifies the intersection of technology and commerce, showcasing how inventive thinking can enhance existing systems.
Latest Patents
David M Sobie holds a patent for a "Method and system for differential index bidding in online auctions." This invention outlines a method for conducting electronic online auctions among multiple bidders using differential index bidding. The auction originator specifies one or more indexes to establish a competitive price point. These indexes can be either published market indexes or proprietary price arrays developed by the buyer. Bidders then submit their bids as a percentage or absolute amount off the specified indexes. The auction originator compares the bids and provides feedback to the bidders, enhancing the auction process.
Career Highlights
David is associated with Freemarkets, Inc., where he applies his innovative ideas to improve online auction systems. His work has contributed to the evolution of electronic bidding, making it more competitive and efficient. With a patent count of 1 patent, he has established himself as a forward-thinking inventor in the tech industry.
Collaborations
Throughout his career, David has collaborated with talented individuals such as Sam E Kinney, Jr. and Vincent F Rago. These partnerships have likely fostered an environment of creativity and innovation, leading to advancements in their respective fields.
Conclusion
David M Sobie's contributions to online auction technology highlight the importance of innovation in enhancing user experiences. His patent demonstrates a unique approach to bidding that could reshape the future of electronic auctions.