Re:Uber and Waymo Reach Settlement
by Retric on Friday February 09, 2018 @08:46PM
(#16345357)
Uber gave up 245 million dollars. That's not based on nothing.
Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.
Re:Uber and Waymo Reach Settlement
by Retric on Saturday February 10, 2018 @06:45AM
(#16346914)
There is a secondary market for Uber stock that's moderately liquid. It's not a public company, but every shareholder takes a haircut when they hand out more stock.
Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.