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I think for businesses like "running a website" this threat is overrated, to the point of absurdity, but again: willing to accept that I'm the weirdo.
by idlewords 10y ago
I think for businesses like "running a website" this threat is overrated, to the point of absurdity, but again: willing to accept that I'm the weirdo.
- k-mcgrady 10y agoIt's overrated until a customer decides to sue you. Also there are very few downsides to incorporating and limited liability is a massive upside.
- icebraining 10y agoI wonder if you'll say the same when Pinboard gets sued for copyright infringement by its archival feature. I hope it never happens, but saying "it's just a website" is a little cavalier. (Yes, it merely takes an publicly available work that the users could download themselves, and makes it available to each individually. That's essentially what Aereo did, and look at them now.)
- idlewords 10y agoI'm not saying there's no legal exposure. My point is that no one is going to slip and fall on your website, and leave you on the hook for tens of millions of dollars in personal liability. If I was building an Internet of Things blender I would incorporate in a heartbeat.
- chimeracoder 10y agoWait, does that mean that Pinboard is being run under your own name personally, as opposed to being part of an LLC or other corporate structure? If so, I have to say, that would make me a lot more concerned as a customer.....
- tptacek 10y agoThat's silly, since the only difference his sole proprietorship makes to you as a user is that if he loses your bookmarks you can sue him personally and force him to flee judgement and live amongst the penguins.
- ekiru 10y agoIt also means that someone else can sue him personally and force him to flee judgement and live amongst the penguins.
- tptacek 10y agoYes, but if he had an LLC, the only difference would be the penguin part; the company would still get shut down or sold.
- idlewords 10y agoExactly. In scenaro 1 people lose all their data, in scenario 2 they lose all their data and I lose my car and cool Zippo lighter. Moral: back up your bookmarks.
- chimeracoder 10y agoWell, there's also the case in which he declares bankruptcy personally and Pinboard's assets are comingled with his, and Pinboard has to shut down.
- idlewords 10y agohttps://www.youtube.com/watch?v=HuGIgf-ICHM https://www.youtube.com/watch?v=HuGIgf-ICHM
- chimeracoder 10y agoWait, does that mean that Pinboard is being run under your own name personally, as opposed to being part of an LLC or other corporate structure? If so, I have to say, that would make me a lot more concerned as a customer.....