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Well, we are talking about a possibly multi-million dollar product here. If Amazon were a bit less predatory perhaps keep 99% of the IP?
by sabellito 5y ago
Well, we are talking about a possibly multi-million dollar product here. If Amazon were a bit less predatory perhaps keep 99% of the IP?
- sebmellen 5y agoAmazon is a modern day Dutch East India Company. There’s no reason for them not to be predatory, given that they wield so much power.
- fakedang 5y agoOr British East India Company. Not like either wasn't predatory back in its heyday.
- sebmellen 5y agoGood point, you’re right on that.
- sabellito 5y agoI completely agree. Hopefully them doing this sparks the same initiative for other companies. Perhaps with some competition for talent the terms would be better.
- edmundsauto 5y agoWhat is a reasonable survivorship bias rate? If Amazon invested at a point when this was <1% likelihood of making it to market In a commercially successful venture, then their initial investment would work out to be charity for society.