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Twitter could avoid this sentiment by making a fiscally-binding statement: "We have opened up our API, and have placed $5B in escrow with the Gates Foundation,
by ISL 11y ago
Twitter could avoid this sentiment by making a fiscally-binding statement:
"We have opened up our API, and have placed $5B in escrow with the Gates Foundation, who will return 70% of the investment income to Twitter. If we deny API access to developers before 2020, the Gates Foundation will keep the principal."
Someone sufficiently clever could make a similar, but perpetual, statement.
- niyazpk 11y agoWouldn't they need $5B lying around? Do they?
- funkyy 11y agoYou and your logic, making some good reasonable points.
- TTPrograms 11y agoYou could use equity, which would be really interesting, because the market would revalue Twitter based on the probability of them reneging and diluting the existing shares.
- elliotec 11y agoI gotta say, that seems pretty ridiculous. Has that ever been done before?
- deleted 11y ago[deleted]
- TheMagicHorsey 11y agoThere is something simpler called a contract.