only 20 million? if i was surefire i was going to win a lawsuit agenst a silicon valley corp, i would be counting in billions.
Fantastic point. Still think they could go for at least like 50mil tho
If it were me and my company - I don't know how much I ask for. If I ask for too much - Facebook puts half a dozen of the best lawyers in America on their lawsuit plus there are literally 100s of paralegals (and such) working on the case. Facebook could destroy me more easily than Zuckerberg stepping on an ant.
I have no idea what "too much" is.
So may as well go for "Extremely Comfortable retirement for me" in that situation.
The Arizona company has two co-founders. Let's say my imaginary company has only one founder: me. I can imagine I'd also ask Facebook for $20 million. They'd probably just give it to me without a second thought. It's bad PR to have the case drag out and $20m is not even coins stuck under the couch cushions. It's not lint on the coins. It's the dust mites on the dust on the coins under the cushions. $20m means nothing to them.
“Extremely Comfortable retirement for me”
That's the tricky part. After taxes and giving the vast majority of money to good causes - the question is how much do I take for myself.
You can live a fairly comfortable life, labour free with about 3 million. You'll now be an idle exploiter of the capitalist class but it'd be hard to blame you.
I think $20 million post tax means I never have to worry about anything ever again for me personally.
20 million is peanuts to Facebook, might be a good payday for relatively low effort for the company
I wonder if the "meta" reveal was rushed to shift attention from that whole whistleblower situation where she leaked info about how harmful Instagram is for teen girls
The timing was super-bizarre for a name change right after the whistleblower was in the news and the entirety of Facebook went down for a very long time.
It's like a local restaurant that's involved in a scandal, has a small fire that makes it close for a few days - and then they change the name. Why???
*harmful for everyone, just particularly teen girls
only 20 mil? what a fucking amateur, you've got facebook by the balls, cmon goddamnit
You can trademark a name even if another company has it, if you're in different industries. This company makes custom gaming PCs. Facebook does not
Dove soap and chocolates are different companies
A little bit? Still assembling a PC is different enough from developing new VR headsets. Which is why I think the settlement is $20 million. Even if Facebook could theoretically win in court it's better just to avoid that and not waste any time .
Yeah that explains why it seems like they're asking for so little
It's tech related. It'd be funny to see the courts try to differentiate that
Im taking crazy pills apparently. They changed their name to Meta. They sell metadata. We live in a sitcom.
So this isnt even horrible irony? They just know we know and leaned into it?
there is an old porn studio on twitter called metaverse. nice little come up from them
The "how do you fuck that up?!" scene from A History of Violence