this post was submitted on 09 Feb 2024
877 points (96.8% liked)

Technology

60056 readers
4010 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
 

The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.

you are viewing a single comment's thread
view the rest of the comments
[–] fluxion@lemmy.world 8 points 10 months ago (1 children)

That's like say giving good employees a bonus is stealing some stockholder's hard-earned retirement. Employee compensation is just a standard expense. Similarly, potential shares of licensing revenue are a common incentive companies dangle to get more employees working on patentable ideas. Maybe only a couple percent, but for significant stuff like this it works out well for everyone involved.

[–] iopq@lemmy.world -1 points 10 months ago (1 children)

You should give good employees a bonus. But you can't give away hundreds of millions just to be good to your employees because it's not your money

[–] fluxion@lemmy.world 1 points 10 months ago (1 children)

Nobody is talking about giving him all proceeds. Maybe 1%, and not trying to sue the shit out of him, would've left everyone happy. In the end they undoubtedly wasted more money on lawyers acting like pricks. That's investor money too. And they almost lost hundreds of millions in a countersuit due to their egregious behavior. Poorly handled, even from an investor perspective.

[–] iopq@lemmy.world 1 points 10 months ago (1 children)

In another reply I said they should have given him like 8 million to start and avoided the whole issue.

[–] fluxion@lemmy.world 1 points 10 months ago