Hacker News new | past | comments | ask | show | jobs | submit login

The royalty is actually a fixed dollar amount per X weight of product sold - so not inflation protected.



Since this has been a thing since the 1800s, wouldn't it be paying out pennies per ton at this point? There has been a lot of inflation in the last 150 years.


Is it? The finalized says ten per cent of gross apparently.


Surely they sell more that $1.14m worldwide per year


True, though this is an unspecified fraction of the royalties.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: