Reply to thread

Message

<blockquote data-quote="Benjamin Olson" data-source="post: 8904840" data-attributes="member: 6988941">&quot;Poison Pill&quot; in the legal space is primarily the term for a defense strategy a corporation uses against hostile takeover. Typically it involves issuing and selling more shares at a discount to existing shareholders when a would-be acquirer crosses a certain threshold of ownership to dilute that ownership percentage and make it difficult or impossible for them to ever reach a controlling interest. Adoption of such a scheme is announced so that the would-be acquirer knows not to try.&quot;Poison pill contract&quot; has also more rarely been used to refer to various contracts for professional sports players designed to screw over some party, which is presumably what inspired the adoption of the term in the video. That may well be the usage more familiar to followers of the particular sports.Given that &quot;poison pill&quot; already means something in the broader business law space, given that Hasbro themselves actually used the poison pill strategy in 1989 so that that is what &quot;poison pill Hasbro&quot; google results will return, and given that the particular phrasing of &quot;poison pill&quot; rather than any other analogy of toxicity (even in pill form) is already imbued with specific legal meaning and a specific phrasing I'm not sure I've ever heard outside of a law or law adjacent space, I think it is an exceedingly dumb analogy to use specifically, and reaks of either someone trying to sound vaguely lawyerly while not really knowing what they're talking about, or else of a lawyer with no imagination using a term they are familiar with rather than coming up with a new one to describe a new thing. There are other analogies to use that don't have bagage.Now if people want to call the OGL 1.1 or 2.0 or whatever a &quot;cup of hemlock&quot;, a &quot;cyanide capsule&quot;, or you know, just toxic, I'd support that. Extra points if your analogy somehow smoothly references a &quot;pellet with the poison&quot; being in &quot;the flagon with the dragon&quot;.</blockquote>

[QUOTE="Benjamin Olson, post: 8904840, member: 6988941"] "Poison Pill" in the legal space is [I]primarily [/I]the term for a defense strategy a corporation uses against hostile takeover. Typically it involves issuing and selling more shares at a discount to existing shareholders when a would-be acquirer crosses a certain threshold of ownership to dilute that ownership percentage and make it difficult or impossible for them to ever reach a controlling interest. Adoption of such a scheme is announced so that the would-be acquirer knows not to try. "Poison pill contract" has also more rarely been used to refer to various contracts for professional sports players designed to screw over some party, which is presumably what inspired the adoption of the term in the video. That may well be the usage more familiar to followers of the particular sports. Given that "poison pill" already means something in the broader business law space, given that Hasbro themselves actually used the poison pill strategy in 1989 so that that is what "poison pill Hasbro" google results will return, and given that the particular phrasing of "poison pill" rather than any other analogy of toxicity (even in pill form) is already imbued with specific legal meaning and a specific phrasing I'm not sure I've ever heard outside of a law or law adjacent space, I think it is an exceedingly dumb analogy to use specifically, and reaks of either someone trying to sound vaguely lawyerly while not really knowing what they're talking about, or else of a lawyer with no imagination using a term they are familiar with rather than coming up with a new one to describe a new thing. There are other analogies to use that don't have bagage. Now if people want to call the OGL 1.1 or 2.0 or whatever a "cup of hemlock", a "cyanide capsule", or you know, just toxic, I'd support that. Extra points if your analogy somehow smoothly references a "pellet with the poison" being in "the flagon with the dragon". [/QUOTE]

Verification