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Do you have any internal knowledge of product this company is working on and hence it is of no real value to “you”? How much time have they been working on this
by gigglesupstairs 5y ago
Do you have any internal knowledge of product this company is working on and hence it is of no real value to “you”? How much time have they been working on this product? What’s the cost involved? How many people? Does it really matter whether they have a live product or if it is successful or not if it doesn’t affect the real topic here, which is of identity?
- ishyaboibro 5y agoFrom the USPTO docs and screenshot included within them, they seemed to describe themselves as a provider of services. Their LLC's address is a residential home, which is fine, but a little shady for a company that vaguely states the services it provides, while also having a supposed "product launch" delayed, despite no evidence whatsoever of anyone associated with the company, no SEC filings or white papers, or really anything to prove any of what theyre saying. It's kinda weird.
- filoleg 5y ago> Do you have any internal knowledge of product this company is working on and hence it is of no real value to “you”? Regardless of what they are working on, if it doesn't exist, the value of it is presently zero. Also, as others have mentioned, FB fully legally bought the trademark on Meta back in 2017 (through Chan-Zuckerberg Initiative). The company in the OP has no claims towards the name. Well, it appears they have a trademark on Metacompany (no space or dots), while FB (or rather, Chan-Zuckerberg Initiative) had the trademark for Meta since 2017. If anything, the company in the article is infringing on a trademark that FB has been the owner of for nearly 4 years.
- gigglesupstairs 5y ago> If anything, the company in the article is infringing on a trademark that FB has been the owner of for nearly 4 years. I don't disagree with you here. > if it doesn't exist, But you don't know that, do you? And that was the intent of my original comment. We can speculate basis the available data all we want, but we don't "know know" that their product doesn't exist. And no, launch of a product is not the only benchmark here.
- filoleg 5y ago>> if it doesn't exist > But you don't know that, do you? I think there was a misunderstanding here, so let me clarify. When I said that the product doesn't exist, I wasn't saying that it was all fake and they made up a non-existent product just to cash in on this controversy. By saying that it doesn't exist, I meant that there is no released product that anyone can use. Sure, they might have it somewhere on some engineer's machine or desk or whatever internally, no way for us to know. But for all practical intents and purposes, the product isn't released and there is no way for anyone to use it. Hell, there is no way for anyone to even know what the actual product is, and googling didn't help much. And if no one has access to the product and no one knows what it is, then it doesn't exist as a product on the market.
- mygo 5y ago> Regardless of what they are working on, if it doesn't exist, the value of it is presently zero. That’s not true. Do you know how many multi-million-dollar companies have nothing more than an idea on a paper napkin that they managed to sell to investors? You didn’t even bring up the matter of whether they have investors who have placed a valuation on their business. Or even if they have paid into their own business’ equity, which is then of monetary value. In fact a business’ monetary valuation has nothing to do with whether it has a product. Some high-value businesses have zero products. If we’re speaking valuation, what matters is the value of the assets they have listed under the business, their liabilities, their owner’s equity, etc.