3 ms·
I think they're getting some equity in return for the investment. If it goes up, Disney makes out. If it doesn't, well, ...
by xhkkffbf 11mo ago
I think they're getting some equity in return for the investment. If it goes up, Disney makes out. If it doesn't, well, ...
- triceratops 11mo agoWhy not equity in exchange for rights? The crazy thing is they're surrendering both rights and cash.
- xhkkffbf 11mo agoMaybe the negotiations established that the rights were worth $X, but Disney wanted $X + 1 billion worth of stock? While many startups will take anyone's money, it can be hard to invest in some. And the most desirable are the hardest. So maybe Disney was using the IP negotiations to open the door?