Kind of interesting to see how China suddenly has all kinds of respect for intellectual property laws.

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Kind of interesting to see how China suddenly has all kinds of respect for intellectual property laws.

I ran a poll on X.com yesterday to see what people thought would happen with Tesla this morning:

One of the richest and least-known people in the Silicon Valley is Andreas Bechtolsheim, who was my business partner and investor for my company Prophet. I was sad to see a prominent story in this morning’s paper about how he was caught trying to hide a $415,726 profit from insider trading. He’s had to pay a financial penalty and is disallowed from serving on a public company for five years.

It’s important to put this into perspective. I did the math, and while $415,726 is a big figure to folks like you and me, proportionately speaking, it is $7.51 to Andy. I’m not trying to be cute; that’s the real figure. So, he’s permanently damaged his otherwise spotless reputation over an amount of money which, to you or me, is equal to a beverage from a good coffee shop.
I’ve been meaning to write about this topic, and seeing this chart today reminded me to do so:
