It might not be smooth sailing for Mark Zuckerberg in his quest to change Facebook's identity, because we've learned someone was already ahead of him in trying to grab the "Meta" trademark ... and they're willing to give it up to Zuck for a steep price.
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.
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.
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.
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Fantastic point. Still think they could go for at least like 50mil tho
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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.
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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.
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
"it's a stupid name anyways"