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by tptacek
2506 days ago
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What's interesting to me about this --- and I've got no firsthand knowledge of the markets --- is that Apple doesn't have to outbid brokers; a broker could offer 50% more than Apple, but that comes with an X% uncertainty penalty. You can sell to Apple and pocket $1MM, or try to structure a deal for $1.5MM and gamble that the bug will survive. I'm betting that's often not a good deal; the lump sum payment is the better option. |
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Not all brokers are alike though, exploit survival is a gamble, but sensible end-buyers usually don't want to burn the exploits either so will use them sensibly. There are some brokers that don't sell exclusively (despite their claims), they have a reputation for exploits getting burned early.
I have not been involved with any iOS exploits, not really my area of interest, but lets say I was. Would I consider selling it off to Apple, yeah, it would be something to consider. I'd consider the market rates too of course, 1MM vs 1.5MM, sure Apple is enticing, 1MM vs 2MM, maybe not. Not sure where I would actually draw a line, but you are right that Apple doesn't need to compete directly with the market rate, just close enough.
I'm sure there are those that would rather just go for the bigger profits regardless.