4 ms·
A bit off-topic, but I really wish we had a system where we could make bets to pit public companies that develop closed source software against its FOSS alterna
by rglullis 1y ago
A bit off-topic, but I really wish we had a system where we could make bets to pit public companies that develop closed source software against its FOSS alternatives.
In the example here: people would bet by either buying $100 worth of Figma shares, or they could buy $50 worth of put options and give $50 to the developers of Penpot.
Would something like that be legal or does it violate any type of trading regulations?
- dkdcio 1y agoit’s only illegal if you start beating the rich I would love to be a reverse—VC
- rglullis 1y agoThis is one of the many things where I have a good chunk of the backend code already written but couldn't find the time or urgency to work on an MVP. Should I make a mock system, see how many people would be willing to sign up and make a pledge to their favorite projects?
- raincole 1y agoBut people can already buy $100 of Figma shares (upon its IPO). Why would people who want to buy Figma share use your hypothetical platform?
- rglullis 1y agoMy idea is more about a system that can track and mediate support for the pro-FOSS than anything. For the pro-commercial side of the bet, showing ownership of the shares would be enough I guess.
- simonsarris 1y agoDon't we have that system? Post IPO you can absolutely buy puts on FIG while donating to Penpot. (I do not recommend this)
- rglullis 1y agoDoing that as separate actions are of course possible. My idea is to have a system to let people do this and track the results in a single place.