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Isn't this the exact same business model that Eric Schmidt bragged about at Stanford? 1) steal IP and build a thing 2a) if it fails, rinse and repeat with a "
by _heimdall 2y ago
Isn't this the exact same business model that Eric Schmidt bragged about at Stanford?
1) steal IP and build a thing
2a) if it fails, rinse and repeat with a "new" step 1
2b) if it succeeds, hire a flees of lawyers to clean up the mess
3) get rich
- immibis 2y agoIt's pretty much how every giant tech business happens, except the law-breaking step isn't always "steal IP"
- _heimdall 2y agoRight, and that was Schmidt's point too. Its just interesting to see two Silicon Valley leaders admit it so bluntly recently. When blatant fraud goes from the secret that everyone knows and no one talks about to the talking point for those committing the fraud, it begs the question of why they feel emboldened today.