Patents by Inventor Rahul R. Vaid

Rahul R. Vaid has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20110137810
    Abstract: A system and method for making an initial product offering of tangible products and services. A price for a product may be determined by calculating an aggregate customer history factor by aggregating customer history factors of potential purchasers in a buying group, calculating a cumulative demand for a product as a function of (i) expected purchase quantities of the product indicated by the potential purchasers in the buying group and (ii) the aggregate customer history factor, and setting a price of the product as a function of the cumulative demand for the buying group. The tangible products and services may be offered at the determined price.
    Type: Application
    Filed: February 10, 2011
    Publication date: June 9, 2011
    Inventor: Rahul R. Vaid
  • Patent number: 7912761
    Abstract: A system and method for making an initial product offering of tangible products and services. A price for a product may be determined by calculating an aggregate customer history factor by aggregating customer history factors of potential purchasers in a buying group, calculating a cumulative demand for a product as a function of (i) expected purchase quantities of the product indicated by the potential purchasers in the buying group and (ii) the aggregate customer history factor, and setting a price of the product as a function of the cumulative demand for the buying group. The tangible products and services may be offered at the determined price.
    Type: Grant
    Filed: September 1, 2006
    Date of Patent: March 22, 2011
    Assignee: Tech Venture Associates, Inc.
    Inventor: Rahul R. Vaid
  • Patent number: 7565303
    Abstract: The invention is a pre-paid airline ticket comprising a record of an advance-purchase of an airline ticket for a fixed price that may be used by a customer to reserve and book a flight. The pre-paid airline ticket includes a unique identifier and, associated with the identifier, a plurality of geographic flight parameters and a plurality of non-geographic flight parameters. At least one of the plurality of geographic flight parameters is unspecified, as are possibly any of the non-geographic flight parameters, so that the customer may later convert the pre-paid airline ticket into a conventional airline ticket by specifying any unspecified parameters. The customers ability to do so is subject to any restrictions placed upon the pre-paid airline ticket by the unspecified parameters, and also to the availability of seats meeting the unspecified parameters. In other aspects the invention is a network server configured to sell pre-paid airline tickets, and a method of selling pre-paid airline tickets.
    Type: Grant
    Filed: September 30, 1999
    Date of Patent: July 21, 2009
    Assignee: TechVenture Associates, Inc.
    Inventor: Rahul R. Vaid
  • Patent number: 7103565
    Abstract: A system and method for making an initial product offering of tangible products and services. A price for a product may be determined by calculating an aggregate customer history factor by aggregating customer history factors of potential purchasers in a buying group, calculating a cumulative demand for a product as a function of (i) expected purchase quantities of the product indicated by the potential purchasers in the buying group and (ii) the aggregate customer history factor, and setting a price of the product as a function of the cumulative demand for the buying group. The tangible products and services may be offered at the determined price.
    Type: Grant
    Filed: August 25, 2000
    Date of Patent: September 5, 2006
    Assignee: TechVenture Associates, Inc.
    Inventor: Rahul R. Vaid
  • Publication number: 20020091843
    Abstract: A system according to the principles of the invention includes an adapter that aggregates network traffic from a plurality of Portable Computing Devices and combines the aggregated data into a wireless network data channel. The adapter may include a wireless network interface for establishing and maintaining a wireless network channel with a wireless base station, and may combine the data in a manner that preserves addressing information (such as IP source and destination addresses) for each individual PCD. A wireless Internet service provider may separate the data according to a predetermined protocol, and create individual data packets, such as IP packets, for each PCD using the network data channel. A complementary operation may be performed for data received at the wireless base station and addressed to PCD's connected to the adapter. In this manner, a number of PCD's may be in bi-directional communication with a network using a single data channel.
    Type: Application
    Filed: December 21, 2000
    Publication date: July 11, 2002
    Inventor: Rahul R. Vaid