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Anthony Levandowski ordered to pay $179M to Google

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Re: Anthony Levandowski ordered to pay $179M to Google

#71

Post by anonuser123456 »

manigandham wrote: post #57
anonuser123456 wrote: post #30

Earlier quoted context omitted.

Counterparty risk; something the WSB crowd is going to painfully learn in the next few months :P

Are you predicting banks going insolvent?

- Beer virus is about to eat Seattle and SF Bay Area. If it does... then it will eat all the US eventually. Hospitals overrun etc. People won't be working. Most disruptive event since WW2.

- Supply chains run dry mid April. Huge supply shock... and will be arriving right as the beer virus starts to crush the west coast.

No one has a risk model that can price those things. It's entirely possible large institutions will go insolvent in the chaos.

Re: Anthony Levandowski ordered to pay $179M to Google

#72

Post by kevin_thibedeau »

Waterluvian wrote: post #60
gnicholas wrote: post #49

Earlier quoted context omitted.

I think GP is referring to Florida’s generous homestead exception, which allows a debtor to keep his/her home (regardless of opulence) despite creditors’ claims.

Doesn't that mean you're a poor person trying to pay for upkeep of an expensive house? If you sell it they will come take that cash.

You live in the pool house and rent out the mansion to college kids.

Re: Anthony Levandowski ordered to pay $179M to Google

#73

Post by Nelson69 »

duxup wrote: post #58
tozeur wrote: post #12

A friend of mine heard his personal attorney speak at a law school class. Even his attorney thought Anthony was a “jackass” for stealing the IP; his defense fell on him being an engineer who, at the end of the day, just wanted to build cool shit and wasn’t malicious.

Maybe not malicious but what he walked away with wasn't just Google's IP, I'm sure plenty of people working for / with him worked on that IP too... There is a certain amount of disregard for other people who want to make cool stuff too IMO.

He's cashed in on this theft to the tune of "$50m-$100m" what would it take to constitute mallace?

Sure, he's not building war weapons or anything like that, but he stole the IP and he made an F* ton of money from it, specifically selling it to competitors. That seems like about the only malicious thing you could do with that IP, if you ask me. Being not malicious would be if it did that for free.

What are the odds that he ends up living kind of normal after this? Like living in the suburbs in a 2500sqft house and commuting to some job that pays $130k? I think close to nil.

Re: Anthony Levandowski ordered to pay $179M to Google

#74

Post by rockinghigh »

tomerico wrote: post #6
zanek wrote: post #3

Levandowski just filed for bankruptcy saying he has less than $100M in assets . Does anyone know if he will only pay a percentage or is only delaying this by kicking the can down the road to another court ? I would be highly surprised if his employer (Uber) shouldered any of the this

I wonder how he doesn't have more assets after he sold his company to Uber for $680 millions

1) He did not own 100% of that company. 2) There were 4 cofounders and 90 employees. 3) He got paid mostly in Uber shares that vested over time and he left before they vested.

https://www.cnbc.com/2017/12/14/ieee-analysis-shows-uber-pai...

Re: Anthony Levandowski ordered to pay $179M to Google

#76

Post by jonathankoren »

ivanvanderbyl wrote: post #50
loeg wrote: post #37

Earlier quoted context omitted.

His company existed for a seven months in 2016 before being bought by Uber. It isn't clear (to me) if there were third party investors or what the cap table was, broadly. Purportedly 90 employees at time of sale to Uber.

I don't know what the CGT situation is in America, but in Australia of you own an asset (shares, property, etc) for less than 12 months before sale, capital gains tax kicks up to about 50%.

Typically you have to hold assets for a year for them to be taxed as capital gains. Otherwise it's just normal income, which caps out at 37%. Capital gains maximum rate is 20%.

Re: Anthony Levandowski ordered to pay $179M to Google

#78

Post by yellow_lead »

anonuser123456 wrote: post #71
manigandham wrote: post #57

Earlier quoted context omitted.

Are you predicting banks going insolvent?

- Beer virus is about to eat Seattle and SF Bay Area. If it does... then it will eat all the US eventually. Hospitals overrun etc. People won't be working. Most disruptive event since WW2. - Supply chains run dry mid April. Huge supply shock... and will be arriving right as the beer virus starts to crush the west coast. No one has a risk model that can price those things. It's entirely possible large institutions wil…

People are working in China right now, but boy is this getting off topic

Re: Anthony Levandowski ordered to pay $179M to Google

#79

Post by arthurcolle »

rirarobo wrote: post #56
_jal wrote: post #46

Earlier quoted context omitted.

I rate abusing one's power over other people as significantly worse than improper secret management.

Agreed. However, "improper secret management" does not accurately describe Levandowski's actions, and one could argue that he did abuse his power at the expense of others.

Yeah that's a super charitable description. Stealing bitcoin private keys and then using them to kickstart your own venture? "Improper secrets management"

Re: Anthony Levandowski ordered to pay $179M to Google

#80

Post by _jal »

rirarobo wrote: post #56
_jal wrote: post #46

Earlier quoted context omitted.

I rate abusing one's power over other people as significantly worse than improper secret management.

Agreed. However, "improper secret management" does not accurately describe Levandowski's actions, and one could argue that he did abuse his power at the expense of others.

I was being a bit tongue-in-cheek, but also should know better than to try.
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