this post was submitted on 04 Mar 2024
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[–] bionicjoey@lemmy.ca 51 points 8 months ago (5 children)

Where does a FOSS project find $2.4M? They weren't selling anything were they? They can't really have that big of a war chest can they?

[–] Moonrise2473@lemmy.ml 42 points 8 months ago (1 children)

They don't have it. It's a limited liability company so in this way they will pay only the sum of their assets (=bankruptcy) which is lower than legal expenses against a Goliath and definitely lower than 2.4 million. I'm guessing 1000x lower than the settled amount or they wouldn't have reason to found the LLC in first place or to settle this easy and this fast

[–] matcha_addict@lemy.lol 1 points 8 months ago (1 children)

Did they just create the LLC after the lawsuit?

[–] Moonrise2473@lemmy.ml 19 points 8 months ago

It seems like incorporated in Rhode island around the time Nintendo sued Gary Bowser for the switch modchip

[–] Fubarberry@sopuli.xyz 27 points 8 months ago (2 children)

My understanding is they've been making 30k a month from their Patreon.

Which is also the main reason they were vulnerable to a lawsuit, because they've been profiting off of the emulator (which why legal by itself, is only popular enough to make money due to piracy).

[–] bionicjoey@lemmy.ca 17 points 8 months ago (1 children)

$2.4M is 8 years' worth in that case, assuming they were making that much the entire time. And of course a lot of that money was probably for the devs to afford basic living expenses.

[–] Fubarberry@sopuli.xyz 4 points 8 months ago

6 years and 8 months, but yeah I can't see them having the money, even if they saved everything.

[–] CaptainEffort@sh.itjust.works 10 points 8 months ago

They had a Patreon so maybe that?

[–] solarisfire@mast.solarisfire.com 7 points 8 months ago

@bionicjoey @sirsquid They've had a lot of patreon money being funnelled in for years now...

[–] Templa@beehaw.org 3 points 8 months ago* (last edited 8 months ago)

Can't they just file for bankruptcy or something like that and not really pay the money? I think it isn't about the cash, but just shutting the project down