Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Weedkiller ingredient tied to cancer found in 80% of US urine samples. Parent comment
Cost of settling is X
Potential cost of losing is Y
Risk of losing is Z
If X < Z*Y, then you settle; often a trial continues until Z and Y are sufficiently known, then X is offered to the opposing party.
In this case, Y could have bankrupted the company (hundreds of billions in real damages). So, even if risk (Z) was 10-20%, $10B is a deal.
There are no comments on this comment yet.
Cost of settling is X
Potential cost of losing is Y
Risk of losing is Z
If X < Z*Y, then you settle; often a trial continues until Z and Y are sufficiently known, then X is offered to the opposing party.
In this case, Y could have bankrupted the company (hundreds of billions in real damages). So, even if risk (Z) was 10-20%, $10B is a deal.