Why not equity in exchange for rights? The crazy thing is they're surrendering b... | Hacker News

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		triceratops 55 days ago \| parent \| context \| favorite \| on: The Walt Disney Company and OpenAI Partner on Sora Why not equity in exchange for rights? The crazy thing is they're surrendering both rights and cash.

xhkkffbf 55 days ago [–]

Maybe the negotiations established that the rights were worth $X, but Disney wanted $X + 1 billion worth of stock?

While many startups will take anyone's money, it can be hard to invest in some. And the most desirable are the hardest. So maybe Disney was using the IP negotiations to open the door?

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