I’m not a Levandowski fan (although he was a brilliant engineer) but Travis Kalanick should probably write half that check.
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Anthony Levandowski ordered to pay $179M to Google
81–90 of 246 posts
Re: Anthony Levandowski ordered to pay $179M to Google
#82It's been amusing to hear his story. Starting a church/religion was my favorite part. I bet Google and a bunch of other companies are excited about the message this sends to other arrogant engineers who might be considering leaving and building new companies with ideas developed at their prior places of employment. That precedent is worth billions if not trillions.
This is harmful to innovation in the Bay Area. Big Tech eats up all the talent and now sends the signal that they can’t leave. The trial hasn’t even begun for this case - I think they’re still debating what constitutes a trade secret. This seems personal. Google got angry that one of their “own” went to a competitor.
I bet this will make companies think twice about acquiring startups founded by Google employees.
Re: Anthony Levandowski ordered to pay $179M to Google
#83Earlier quoted context omitted.
Andy Rubin might be a creep but at least he didn’t steal intellectual property.
I rate abusing one's power over other people as significantly worse than improper secret management.
Why hate Levandowski cause he stole from Google.. umm Google steals intellectual property itself https://news.ycombinator.com/item?id=18566929
They were made for each other and probably he saw the theft that goes on there and then stole from them.
Re: Anthony Levandowski ordered to pay $179M to Google
#84Levandowski 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
Didn’t he make tens of millions at Google as an employee as well? That is a lot of money to blow through (plus) assuming a nice chunk of Uber stock from Otto.
How much does a legal battle with Google cost? More than anyone can afford is my assumption.
Re: Anthony Levandowski ordered to pay $179M to Google
#85It's been amusing to hear his story. Starting a church/religion was my favorite part. I bet Google and a bunch of other companies are excited about the message this sends to other arrogant engineers who might be considering leaving and building new companies with ideas developed at their prior places of employment. That precedent is worth billions if not trillions.
This is harmful to innovation in the Bay Area. Big Tech eats up all the talent and now sends the signal that they can’t leave. The trial hasn’t even begun for this case - I think they’re still debating what constitutes a trade secret. This seems personal. Google got angry that one of their “own” went to a competitor. I bet this will make companies think twice about acquiring startups founded by Google employees.
Totally agree. That exactly what I'm saying too.
Re: Anthony Levandowski ordered to pay $179M to Google
#86Earlier quoted context omitted.
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%.
37% for Federal plus State tax and CA taxes cap gains, both short and long the same. Very possible to end up at ~50% rate in CA.
Re: Anthony Levandowski ordered to pay $179M to Google
#87Earlier quoted context omitted.
Ah interesting, didn't know about that. Seems like a easily exploitable loophole if so.
Maybe for cases like this that involve literally millions of dollars, but it really helps normal people from becoming homeless if they fall on hard times for whatever reason. Source: Family members went through bankruptcy in Florida and were able to get back on their feet much quicker because their house couldn't be seized.
Most states have a homestead exemption. But most states also have a limit on the value of that homestead.
Sure, you shouldn't lose your reasonable family home over debt. But that doesn't mean people like OJ Simpson should be able to keep their multi million dollar estates even though they have filed for bankruptcy.
Re: Anthony Levandowski ordered to pay $179M to Google
#88Earlier 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…
Seems like a pretty big assumption that those two cities would be eaten. It's definitely spreading and causing disruption, but I don't really see how it's going to grind both cities to a halt. Especially with the current amount of information we have regarding the virus. We need to know more before we can draw such conclusions. China seems to be recovering already.
Re: Anthony Levandowski ordered to pay $179M to Google
#89Levandowski 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
I wonder if he missed out on his earn out because he was fired from Uber. I’m not sure how that all works legally. Anyone know?
Re: Anthony Levandowski ordered to pay $179M to Google
#90Google has to get the Andy Rubin money back somehow.
Also the $120M they gave Levandowski as bonus.
https://thehill.com/policy/transportation/327093-google-paid...