50 Cent loses 16 million to Sleek headphones

[blackestofpanthers]

 

[CoCKy GeNiuS]

i'm trash

at the transparent anger

 

[Calmye]

Insurance companies cover thieves for the theft of intellectual property now?


EDIT: Just realized y'all were being sarcastic

I wasn't being sarcastic. Go ahead and Google what an LLC is and get back to me. Lol at the thought of the CEO to Sony having to pay Nintendo millions for stealing the PlayStation idea.

 

[blackzeus]

I wasn't being sarcastic. Go ahead and Google what an LLC is and get back to me. Lol at the thought of the CEO to Sony having to pay Nintendo millions for stealing the PlayStation idea.

Compare a sole member LLC to a C-Corp brehs With that logic a lot of Wall St traders would be free right now

 

[sayyestothis]

Compare a sole member LLC to a C-Corp brehs With that logic a lot of Wall St traders would be free right now

I wasn't being sarcastic. Go ahead and Google what an LLC is and get back to me. Lol at the thought of the CEO to Sony having to pay Nintendo millions for stealing the PlayStation idea.

^^^^^what sicc2def is referring to is what alot of companies do that risk being sued over stealing ideas...

the biggest example of this is in hollywood. Every Big Corp out there run their movie productions out oflimited partnerships. The reason they do this is when a writer comes to them claiming the movie they just produced was based on their work and tries to sue; the limited partnership has already been sucked dry of all the over the top expenses of the filming and theres nothing left to sue.

if set up correctly, with tight documentation and proof that a llc or lp has operated correctly with ZERO co mingling of outside the business funds your good to go. People can only sue you for the capital that was put in minus any deductions for that llc/lps use so usually theres nothing left.

 

[blackzeus]

^^^^^what sicc2def is referring to is what alot of companies do that risk being sued over stealing ideas...

the biggest example of this is in hollywood. Every Big Corp out there run their movie productions out oflimited partnerships. The reason they do this is when a writer comes to them claiming the movie they just produced was based on their work and tries to sue; the limited partnership has already been sucked dry of all the over the top expenses of the filming and theres nothing left to sue.

if set up correctly, with tight documentation and proof that a llc or lp has operated correctly with ZERO co mingling of outside the business funds your good to go. People can only sue you for the capital that was put in minus any deductions for that llc/lps use so usually theres nothing left.

That's 100% different than saying insurance will cover intellectual property theft, which is what @sicc2def was saying:

So you're acting like this is coming out his own pocket and not the insurance company.

^^^^It was so outlandish I figured he was being sarcastic

 

[Turbulent]