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by mattrices
2954 days ago
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Your candybar arguement is absurd because you can't sell ip direct to consumers. You could manufacture a product that uses it or sell access via some supply limiting portal, but that is much different than actually selling ip. Additionally it's not inventory because it is not finite. There is a distinction made by GAAP regarding valuation of tangible vs intangible assets because it is much more complex process to valuate intangible assets such as ip. |
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> it is much more complex process to valuate intangible assets such as ip.
Please note that my argument above assigns a value of $0.00 to the IP itself.
Even at that valuation, you can still commit theft by robbing me of the opportunity to use that IP to generate revenue. By analogy: when you steal a TV, you are charged on the retail price of the TV (the amount you should have paid for it), not the wholesale price (the amount the store paid for it).