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this post was submitted on 23 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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So you're saying that they've got books worth at least a grand which their owners are literally using to flaunt their wealth?
I'm legally obligated to say stealing is legally and morally wrong buuuuuuuut
@BlueMonday1984 Betcha the authors aren't getting paid industry-normal royalties (10-15% of net receipts) on those Veblen goods …
(A few of my novels have been sold as limited-run signed first editions. Typically for 50%-100% more than the normal hardcover price, so maybe 3-5% as much as this nonsense. Cost of goods for a leatherbound, gilt-trimmed luxury edition is maybe $5-10, plus 10% of the cover price for the author. So someone in the middle is making serious bank.)