With the current batch of SOTA models, it is not hard to prompt a model to pass the sniff test on social media forums. If you don't believe me, try it.
All you really need to do is give it some guidelines of a style to follow and styles to avoid. There's also a bunch of skills people have already written to accomplish this.
Global automakers typically make small modifications to vehicles for different markets. Cars, like most engineered products, are built to a list of design criteria. BYD, like every large automaker that does this, has capable engineers that can target any regulatory specification you give them. They already do it for all of the other markets they sell in, just as every global automaker does.
Chinese cars don't exist in the US because of laws specifically designed to prevent their sale here. The tariff for Chinese EVs was increased to 100% a couple of years ago when it was rumored that BYD was going to move to the US market. And currently, there is a bill circulating to ban them entirely.
If you want a purple Steam Controller, you can load Valve's STL into your favorite slicer, 3D print a new shell, transplant the electronics, and you're done.
If you want a purple MacBook, could you do the same with those Apple PDFs?
Maybe when it’s Panama. But there is not a single sketchy reason why companies choose to incorporate in Delaware, for instance.
There are very legitimate reasons to incorporate in another location. Some are not only not sketchy, but even altruistic, e.g. incorporating in another state for the purpose of incorporating as a PBC.
Delaware is quite literally a tax haven set up to assist in evading as many local laws as possible. Do we just excuse it because it's a US state and speaks English?
It is exceeding common for US companies to incorporate without a presence in Delaware for the exact opposite reason of dodging the law. It is done to make legal compliance easier and more streamlined.
No, Polymarket is sketchy as fuck. I was disputing the allegation that there's something inherently wrong with having a registered agent in another locale.
Oh, c'mon, that's a huge exaggeration. US companies commonly incorporate in Delaware due to its generally-friendly business regulation with a ton of legal precedent surrounding it, and a court system well positioned to handle business-related cases.
If they're incorporated there because that makes regulatory compliance easier, then that's not "dodging", that's just... doing what's allowed.
And it's not like incorporating in Delaware is a get-out-of-jail-free card. If the company does have a presence in other states, the laws of those states are binding in many circumstances; the state of incorporation is irrelevant there. And there's always US federal law. Choice of state isn't going to change anything when the feds come knocking.
The issue at hand is Polymarket claiming they are based in Panama, outside the US's jurisdiction, but presumably being headquartered in the US. You might say this is no different from a company being incorporated in, say, the UK, doing business there, hiring people, maintaining an office, and then also having offices in the US, but... this is not the same, and it's a little odd that you seem to be missing that fact.
And on top of that, often multi-nationals will have a legal entity in every country where they operate. Do they have one in the US? If not, and they are de-facto headquartered here, that's beyond sketchy. And even if they do, if they've structured things such that they can shield their assets from US legal judgments for crimes or torts committed on US soil, that's also pretty damn sketchy.
Polymarket is clearly flying close to the sun, at a minimum. There's plenty of evidence to show that, but "every company with legal entities in some other place is doing something wrong" isn't one of them, as was claimed by others in this thread. Delaware is a convenient example of why this just simply isn't true.
Yes it is highly preferable for mergers/acquisitions/financing because the law is well established and widely known in those industries.
If you run into some legal question somewhere down the line, investors and their lawyers will be much more comfortable with Delaware law than some other state who may not have clear language on the books and/or have never tested that particular situation in court before.
That is really a wild thing. A culture of legal belief based on precedent. It's as if one is joining a club that has rules of business conduct clearly documented.
That doesn't seem wild at all. Laws are written by humans, and, as such, there's inherent ambiguity.
Given that, would you rather have a case tried in a court that has only tried a handful of other cases, or would you rather be in a court that has handled a mountain of cases, with lots of information as to what the law really means, as it has played out in real-life scenarios?
Being tried under a legal regime where there is a ton of past history seems a lot easier to reason about than one where there isn't much.
> It's as if one is joining a club that has rules of business conduct clearly documented.
Well, yes. The law is the law, sure, but the "documentation" is much more than just the law, as written.
It's wild because the obvious choice to me would be to incorporate in the state or commonwealth where the primary work is done. Choosing to incorporate in state that is nothing more than choice of court system to be bound to me is not obvious.
Many people in this thread cite most court systems are the same yet some people choose to incorporate in Delaware. I happen to be incorporated in Massachusetts because that is where I live.
Breaking the law doesn’t follow the transitive property. Many businesses that people interact with have done illegal things. You typically can do business with someone as long as you aren’t breaking the law in doing so.
In particularly bad neighborhoods in the US -- it happens sometimes.
Depending on what kind of life you live in the US, it could be completely foreign to you, or it could be normal.
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