easy term to agree to if you never plan to be profitable /s
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In perpetuity? That is....very strange. I honestly don't really believe it.
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sign me up for that annuity
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@erikb Any contract that offers a share of the "Net" effectively guarantees no "Net" in that segment. See movie industry.Thanks. Twitter will use this to make your timeline better. UndoUndo
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I doubt this is either accurate or would hold-up, but props if true.
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@erikb mad respect to any lawyers who wrote a contract that ensures that.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Good effort but my default presumption is that future Uber lawyers and accountants will magic said notional "profit" to near zero $
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That contract probably has a loophole big enough to drive an autonomous truck through. Would be pretty insane for Uber otherwise.
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@patio11 if it stipulates for profits and not revenue, someone is going to get an object lesson on Hollywood Accounting - 1 more reply
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