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Submission Summary: 0 pending, 18 declined, 6 accepted (24 total, 25.00% accepted)

+ - Prince of Sealand dies->

Submitted by jdavidb
jdavidb (449077) writes "46 years ago, occupying an abandoned WWII platform off the coast of Britain, Paddy Roy Bates declared independence, naming himself Prince of the Principality of Sealand. Today, Bates has passed away at 91.

Long time Slashdot readers will remember Sealand as the site of HavenCo, an unsuccessful data warehousing company that tried to operate from Sealand outside the reach of larger nations' legal structures. They may also remember plans that the Pirate Bay had at one time to buy Sealand.

Bates had moved to a care home a few years ago, naming his son Michael Regent of Sealand."

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+ - Disney presents: Fair use and copyrights

Submitted by
jdavidb writes "Eric Faden of Stanford University's Fair Use Project "stole" thousands of tiny clips from dozens of Disney films to create an educational film explaining copyright and fair use. Right out of the mouths of characters from Disney, the chief advocate behind the most recent ex post facto extension of copyright, you can learn how copyright terms have been extended, how important it is for works to pass into the public domain in something resembling a reasonable period of time, and what exceptions are granted by the principle of fair use."

+ - The Hacker's Guide to Investors

Submitted by
jdavidb writes "Paul Graham writes today on what hackers should know about investors if they want to build a company that will attract funding.

Because most investors are a different species of people from founders, it's hard to know what they're thinking. If you're a hacker, the last time you had to deal with these guys was in high school. Maybe in college you walked past their fraternity on your way to the lab. But don't underestimate them. They're as expert in their world as you are in yours. What they're good at is reading people, and making deals work to their advantage. Think twice before you try to beat them at that.

If you're a hacker, here's a thought experiment you can run to understand why there are basically no hacker VCs: How would you like a job where you never got to make anything, but instead spent all your time listening to other people pitch (mostly terrible) projects, deciding whether to fund them, and sitting on their boards if you did? That would not be fun for most hackers. Hackers like to make things. This would be like being an administrator.

Investors always say what they really care about is the team. Actually what they care most about is your traffic, then what other investors think, then the team.

The best things in life are for a fee.