Goldman Sans
design.gs.com
design.gs.com
b. The User may not use the Licensed Font Software in any “open source” or other code that would create any obligation for Goldman Sachs to: (i) grant to any third party any intellectual property or other proprietary rights; (ii) disclose or make any source code or any part or derivative work thereof available to third parties under any circumstances; or (iii) otherwise subject Goldman Sachs to any obligations not expressly set forth in this License.
Ambiguous legal language grounded in a likely misunderstanding of what "open source" means. And of course, you have to flip through a dozen screens to make it to the download page to find the license.
This is a project to make a positive impression which fails to do that. So close -- we need more good open types -- and yet clueless.
It’s to protect against copy left obligations.
It imagines a model of open source wherein I can take some Goldman Sachs code (the font), use it in my project, then start making legal demands of Goldman Sachs because I used their code. I would be quite surprised if such a license existed, because it would be a legal absurdity.
And that's just the tip of the iceberg...
"grant to any third party any intellectual property or other proprietary rights;"
If I've used this on a web page, a third-party has the rights to view and make local cached copies of the web page.
"disclose or make any source code or any part or derivative work thereof available to third parties under any circumstances;"
If I put this into a document, printed it, and handed it to my mom, I've just made a derivative work available to third-parties (and yes, the compiled font is a derivative of the source code, if you parse the 'therefore' that way).
... and so on.
I'm giving intentionally absurd examples, but legal language like this is just absurdly poorly-written and stupid. Whatever you want legal language to say, you want it to be clear and unambiguous. That protects everyone involved; there are clear limits, and nothing for courts to argue about. In this case, even the basic grammar is ambiguous (pronouns pointing into voids, chains of ambiguous and/or clauses, etc.)
Here's another gem:
"each copy shall bear an appropriate copyright notice in substantially the form of '© 2020 Goldman Sachs & Co. LLC. All rights reserved.' and a copy of this License" -- well which is it: Are all rights reserved, or do I have additional rights as defined by this license?
Virtually /any/ use of this font falls into a legal gray zone, and so creates a massive liability for everyone involved in using this, ironically including Goldman Sachs itself. Many clauses are bad enough a judge would just toss them out, and that leaves a legal document that looks a lot like Swiss cheese.
Most first-year law students would be embarrassed to draft legal text like this, and most lawyers would be concerned about legal malpractice if they let a document like this slip out.
That's just in the legal language is written. One level up, we run into fundamental misconceptions of how open source works, of how copyright works, as well as a slew of missing standard license boilerplate.
And on top of that, we have the basic strategic issue: Except for exceptional cases, it makes sense to use an existing, vetted license; it's usually stupid to draft your own unless there's a darned good reason (and in that case, you'd better find a qualified lawyer). Even if you do draft your own, you should start with an existing, vetted license, and modify the parts which don't fit, and find a competent lawyer to do it.
I've met elementary school students who wrote better legal language than this. This makes Goldman look incompetent. It's not a good look for an investment bank.
e.g.
- viewing or caching a web page doesn't require the grant of intellectual property or proprietary right - that would be me assigning you the copyright or allowing you to sell it or something;
- a printed document that uses a font is not a derivative work of the font because the typeface (vs. the code of the font itself) is not copyrightable;
- "all rights reserved" refers to all rights of intellectual property ownership under the copyright, which absolutely are retained when licensing as opposed to assigning.
An example of another software license that explicitly separates copyright and licensing when describing itself would be the GPL, in either v2 or v3 form.
https://opensource.org/licenses/BSD-3-Clause
https://opensource.org/licenses/BSD-2-Clause
That would contradict the license text.
If it makes you feel better, I found a link written by an actual JD:
https://www.legalzoom.com/articles/the-term-all-rights-reser...
Remind me of why we're still having this discussion. Unless you can post a link supporting your assertion, I think I've provided ample evidence at this point.
My understanding is that copyright ownership grants a specific set of exclusive rights:
(1) to reproduce the copyrighted work; (2) to prepare derivative works; (3) to distribute copies of the copyrighted work; (4) to perform the copyrighted work publicly; (5) to display the copyrighted work publicly; and (6) to perform the copyrighted work publicly by means of a digital audio transmission.
"All rights reserved" is (a now obsolete) notice which says exactly what it means: these rights remain with the owner. You get a physical copy of a book, and that's all. You have only the rights granted to you under fair use doctrine, first sale doctrine, etc. In contrast, a license is a grant of some of those rights to other parties. It doesn't assign away copyright ownership, but it does says that you may, for example, make a copy of my program under the terms defined in the license.
It's worth referencing the difference between a license and a contract here, but that's a whole legal essay in itself, so I'll point to Moglen's writing here, as well as the discussion around the recent Artifex Software, Inc. v. Hancom, Inc.
But yes, I was sloppy on the printed document example. I apologize. Take emailing my mom a PDF instead, which embeds a version of the font program rather than rendering the typeface. Thank you for pointing that out.
I was intentionally giving examples which fell into a legal gray zone, though -- things which a judge would likely rule were okay, but which fell outside of the scope of the license as written. Those are the sorts of things which tend to blow up into expensive litigation. When drafting legal text, you want to leave nothing to being misinterpreted by a user or a judge, and you definitely don't want clauses which go against established law. If I'm a judge reading a contract or a license which has a clause which goes against the law, I can (1) restrict the scope of the clause to what's permissible under the law (2) toss out the clause, (3) toss out the whole license/contract, or (4) do something completely unpredictable. At the very least, if I have a contract or license which falls into a gray zone, I want a severability clause (and key clauses repeated with different scopes, some version clearly within the law, to make sure /something/ is left standing).
Disclaimer: Nothing here constitutes legal advice.
There are many countries in the world. You're making an assumption that in exactly none of them could something crazy like this be enforced. That's a big bet you're making, and a tiny one for GS to include this language.
Licenses should not attempt to optimise for hypothetical legal systems that may exist somewhere and do not follow the laws of logic. "Put it in, just in case" could be used to justify literally any absurdity.
> and a tiny one for GS to include this language.
As a sibling comment by @wegs pointed out:
> [L]egal language like this is just absurdly poorly-written and stupid. Whatever you want legal language to say, you want it to be clear and unambiguous. That protects everyone involved[.]
Which is to say, Goldman Sachs is entirely welcome to spam their license with absurdities. But don't expect anyone else to come along for the ride.
This is why you should always either (a) Use a standard license (b) Hire a good lawyer to draft a license. Don't draft one yourself, and don't get a bad lawyer.
The most basic bar I would have before doing honest business with a bank is that they can do competent legal due diligence. They don't need clever or brilliant lawyers, but at the very least, banks lawyers need to be able to handle routine work without errors. Goldman just flunked that very low bar.
Perhaps they'll fix this, so we have a backup for posterity's sake (and this is okay to post -- legal documents are generally not copyrightable).
If this is too long, please feel free to downvote so it's hidden. I'm not a karma collector. :)
----
Goldman Sachs Restricted Font License A. Background Goldman Sachs & Co. LLC (“Goldman Sachs”) owns the copyright interests in and to a font style entitled “Goldman Sans” (“Licensed Font”). Goldman Sachs is providing this license of the Licensed Font software (the “License”) free of charge as long as it is used in compliance with this License.
B. Definitions A “Font” is a typeface that can be used for text, character display, HTML, style sheets, and the like.; it includes the normal character set, as well as additional font styles such as underlined, bold, and italicized. “Licensed Font Software” refers to the set of files released by Goldman Sachs under this License to the Goldman Sans Font, and may include source files, build scripts and documentation.
C. Grant and Scope of License By reproducing, distributing, publicly displaying or otherwise using the Licensed Font Software, you agree to abide by this License. Anyone who uses the Licensed Font Software is a “User,” regardless of how, where, or from whom the Licensed Font Software is obtained.
Permission is hereby granted to the User, a limited, royalty-free, nonexclusive, and revocable license to use, reproduce, and distribute unmodified copies of the Licensed Font Software, subject to the following conditions:
a. The User may not modify or make derivative works of or sell (by itself or with any other item or software), sub-license, bundle, or embed copies of the Licensed Font Software.
b. The User may not use the Licensed Font Software in any “open source” or other code that would create any obligation for Goldman Sachs to: (i) grant to any third party any intellectual property or other proprietary rights; (ii) disclose or make any source code or any part or derivative work thereof available to third parties under any circumstances; or (iii) otherwise subject Goldman Sachs to any obligations not expressly set forth in this License.
c. The User may not use the Licensed Font Software to disparage or suggest any affiliation with or endorsement by Goldman Sachs.
d. If a User distributes a copy of the Licensed Font Software, each copy shall bear an appropriate copyright notice in substantially the form of “© 2020 Goldman Sachs & Co. LLC. All rights reserved.” and a copy of this License. The Licensed Font Software must be distributed entirely under this License and must not be distributed under any other license. The requirement for the Licensed Font Software to remain under this License does not apply to any document created using the Licensed Font Software.
e. The License is subject to other prior or future licenses that Goldman Sachs may grant to other parties.
User expressly agrees that all proprietary right, title, and interest in and to and control of the Licensed Font Software are and shall at all times be solely owned by Goldman Sachs and hereby acknowledges that nothing contained in this License shall give User any right, title. or interest in or to the ownership or use of the Licensed Font Software, except the restricted use provided herein.
D. Trademarks “GOLDMAN,” “GOLDMAN SACHS,” and “GOLDMAN SANS” (collectively the “Trademarks”) are trademarks of Goldman Sachs or its affiliates. “GOLDMAN SANS” may be used by licensed Users only to identify the Licensed Font or Licensed Font Software. The name(s) of Goldman Sachs or the Trademarks shall not be used to promote, endorse or advertise any User, or to suggest any affiliation with or endorsement by Goldman Sachs. Users shall not otherwise use or attempt to register the Trademarks or any confusingly similar marks.
E. Term and Termination of the License The term of the License is for the unexpired term of, and for so long as Goldman Sachs owns, the copyright on the Licensed Font Software, or any renewal thereof. This License shall terminate and become null and void for any use that does not comply with any of the conditions in this License. Further, Goldman Sachs may terminate this License, without notice to the User, for any reason or no reason at all and at any time, completely at Goldman Sachs’s sole discretion. Goldman Sachs’s exercise of any right of termination does not constitute a waiver of other rights and remedies available to Goldman Sachs. F. Disclaimer of Warranties; Limitation of Liability THE LICENSED FONT SOFTWARE IS PROVIDED “AS IS” AND “WITH ALL FAULTS,” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF QUALITY, ACCURACY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF COPYRIGHT, PATENT, TRADEMARK, OR OTHER RIGHT. IN NO EVENT SHALL GOLDMAN SACHS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, INCLUDING ANY DIRECT, LOST PROFIT, LOST REVENUE, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES, WHETHER IN AN ACTION OF CONTRACT, TORT, UNDER ANY WARRANTY OR ANY OTHER THEORY OF LIABILITY, ARISING OUT OF OR IN CONNECTION WITH THIS LICENSE, THE USE OR INABILITY TO USE THE LICENSED FONT SOFTWARE OR FROM OTHER DEALINGS IN THE LICENSED FONT SOFTWARE, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE RISK OF THE PERFORMANCE AND QUALITY OF LICENSED FONT SOFTWARE IS STRICTLY ON THE USER AND THE USER MUST REPAIR THE LICENSED FONT SOFTWARE AT THEIR OWN EXPENSE.
G. Governing Law This License shall be governed by and construed under the laws of the State of New York. The User and Goldman Sachs hereby waive any right to a trial by jury and consent to exclusive jurisdiction of the U.S. District Court for the Southern District of New York or, if federal jurisdiction is lacking, New York Supreme Court, New York County, for the resolution of any dispute regarding this License or the parties’ relationship arising therefrom.
H. Entire Agreement; Amendment Without Notice This is the entire agreement with respect to its subject matter. This License may be amended at any time by Goldman Sachs without notice.
but yes, a swing and a miss for this dumb reason.
There are so many good, free typefaces out there. I really can't be bothered with yet another license-crippled vanity project from another huge corporation that had a marketing budget left to spend. IBM did the same thing with "Plex", which is arguably even worse quality-wise, but at least has an open license (SIL).
Unless that wasn't clear enough from my comment, you're not allowed to.
- Reducing the standard width deviation between letters will also be of great help for mobile, number driven usage - without going full monospace.
- The "u" simply being an inverted "n", the "m" using the same shoulders and stems as the "n are things that go against the premise of a fully legible font. I would revise this.
What do you think?
Goldman Sachs is trying to distract us from something. I wonder what... Something else they are doing, right now? or something they just did?
I get why companies want in-house fonts that define their brand and avoid licensing fees, but I always find designers' blog posts about how they designed a font to be insanely and incredibly self-congratulatory while focusing on things that almost no human on earth will ever notice.
Also I got an extra horizontal scroll bar that had no room left to scroll (...if that makes sense the the scrollbar was visible but you could not scroll left or right) on Firefox.
Kinda disappointing for a "design-ery" focused thing to have some really bad design requiring scrolling, as well as screwed up sizing that triggers pointless scrollbars.
Who wants to bet Barclay, Credit Suisse and Deutsche Bank do not have their own font by 2030?
1: https://www.businesswire.com/news/home/20040803005135/en/Agf...
Even Insurance company's have there own
It's cheaper to make a new font than it is to get a perpetual license for an existing font? This (https://news.ycombinator.com/item?id=23618289) seems more plausible to me.
https://www.linotype.com/111515/credit-suisse-type-family.ht...
A slash or dot for disambiguating zeroes would add a lot of noise visually especially in dense displays. Perhaps that's why.
See for yourself - I flipped a 0 and an O on this image, can you tell where? https://imgur.com/a/3hcg3zH
(For me it's easy but I prepared the modified image, so not blinded - hence my question that it's easy, right.)
real question - so how did you know there was an 0 flipped to O as well?
Huge typography is obnoxious, from marketing philosophy standpoint - it screams insecurity. From a technical standpoint, it is inappropriate for the screen size. Yet designers today love choosing HUGE typography to be bold and daring. From Dropbox to IBM, from GS to Apple - this whole trendy huge font thing bothers me.
I understand that they're using huge font sizes to show off to the world their new typeface. Make no mistake, it will be used in huge sizes as it is the current trend - a cool thing to do as a designer is to employ massive bold typography today.
For context, I used to work on Google Fonts.
> It's far cheaper to take something like Helvetica
Helvetica costs $$$ if you want to use it for commercial use. No more than any other font. Also, you cannot modify Helvetica, especially if you get it from Monotype (previously Linotype): https://www.myfonts.com/fonts/linotype/helvetica/
I suggest downloading FontForge and try to make your own ripoff. You'll be amazed at the complexity and the skill required to design a typeface. Adjusting kerning pairs alone will take weeks of meticulous work.
Having said that, though, if you're an organization looking for subtle branding through typography, you aren't gonna go for any font, commercial or otherwise, that's in wide use. For Goldman Sachs, the cost isn't the point -- it's not like they couldn't afford to license any font they wanted in perpetuity. The branding is.
But I don't know that this is really a "trend"; Apple.com's body font size, for instance, appears to be 17px. If you actually look around the Goldman Sachs Design web site, they're actually using a surprising amount of 14px text as body text -- if anything, I think their design standards are for text that's too small, not too large.
(And, no, I really don't think Hacker News's default 12px body font is reasonable; I view this site zoomed to 115% or 125% normally.)
> We've engineered Marquee to leverage the latest technologies. Please upgrade to one of the following browsers:
Reading through the other comments, I’m shocked that this is simply a page describing a font, and yet it somehow needs “the latest technologies”.
(I’m currently using Firefox on iOS)
> 3.3.2 An Application may not download or install executable code. Interpreted code may only be used in an Application if all scripts, code and interpreters are packaged in the Application and not downloaded. The only exception to the foregoing is scripts and code downloaded and run by Apple's built-in WebKit framework.
Does this also apply to jailbroken iOS devices? I can imagine that it’s fairly difficult to disable a security feature such as this in the kernel?
But as I understand it apps are signed and have an entitlements file bundled inside. That file determines whether the kernel will allow stuff like changing pages to executable, running in the background, notifications, etc. Safari happens to have this extra entitlement in its embedded entitlements.plist. The signature checks out, so the the kernel allows the functionality.
For example, there is an entitlement to allow a debugger to attach, which dev builds of apps typically have, but Apple won't allow for apps in the store. I would think that if jailbreak short circuited the signature stuff, you could put whatever entitlements you want in there. But there may be some additional constraints.
Now that I'm thinking of it, I wonder if dev builds of apps can have the entitlement to do the JIT magic. I don't know if they place any constraints on the dev signing keys.
I thought it was only JIT due to my background with native apps, my bad.
I'm not saying those websites are correct in doing that, but in effect browsers are expected to have JIT to maintain any userbase at all, because such websites are so numerous that it would make it seem it is an actual browser "issue" in the eyes of laypeople.
Modern V8 have both interpreter Ignition[2] and TurboFan[3] JITed compiler. My understanding is that on most websites Ignition will be sufficient but when using omething like SPA application TurboFan will gradually speedup bytecode generated by Ignition using JIT like technology.
I am not sure if JIT is required. There are even ideas to compile Typescript to WebAssembly[4]. You could create a compiler that compile strict subset of JS to more performant Webassembly and it would outperform modern JS engines.
[1] https://github.com/facebook/hermes
[2] https://v8.dev/docs/ignition
[3] https://v8.dev/docs/turbofan
[4] https://www.assemblyscript.org/> Building products that put clients first.
I was hoping it would be at least a little longer before I needed to upgrade my PC again to run the 'latest technologies' on the web...
Also their page is missing a whitepaper.
Let's see Paul Allen's card.
Don’t put this on users. I’m using latest iOS Firefox, not Netscape 4.0
Short of using Opera this might be the worst browser to use, so they're not wrong.
Why do you say it's the worst browser after Opera?
Apple could theoretically violate your privacy all they want through their rendering engine.
DO NOT > Blame the user ("You entered an invalid character")
https://design.gs.com/d/design-system/foundation/writing#err...
-- Funny when they mentioned fitting in a lot of text in a small space. I've never used so much 8-pt font in my life before or since. A lot of the time you are very space constrained in things like detailed footnotes, so you are almost tweet speaking to fit it all in there
-- The number section blew me away, the fact that you are getting fixed width number performance (and capital letter tickers too) in a "normal" font is incredible. There is a lot of focus on perfect number alignment (the dreaded #,##0_);(#,##0) number format in Excel).
Also to address some of the comments why they didn't put a slash through the 0. The audience is financial professionals and the slashed 0 is not used, and would be very distracting and especially so for large round numbers ie
1,000,000Used the calculator here: https://www.myfonts.com/licenses?type=sku&id=631501&cl=false
They have their differences of course, but they're both very modern sans-serifs with a tall x-height and a slight bit of squarishness to their round parts.
Seeing as they're both trying to project the image "we have history and trustworthiness, but we're also modern and hip", it makes sense they'd end up with such similar results. (I'm not saying those descriptions are true, just that they want to project that!)
However, I did really enjoy the introduction slides, some great design work there for sure.
This isn't like open source license proliferation or something, having more fonts is just more room for experimentation and creativity, more choice for designers, etc. you don't have to keep up with every single one, and it doesn't make things harder like eg. open source license proliferation where the more of them you have the more you need a lawyer to review every dependency.
But maybe I'm misunderstanding and there's some harm here?
You're totally right that there's no harm, and I also wasn't trying to belittle the effort of making new fonts! I was more wondering why a _company_ would want to expend the probably quite significant resources to create a whole new font (as opposed to a solo artist doing it for fun, which I'd understand) -- but the other response to my top-level comment gives some good reasoning to that question :)
I got the least expensive 27" 4K@60Hz monitor I could (Sceptre U279W-4000R, $200), and it arrived with no dead pixels. I had to find a color calibration profile, but now it's a beaut. Thanks to Mr. Tonsky.
To find it you have to click through to the download page, which isn't yet the download. https://design.gs.com/d/design-system/foundation/typography/
Fitting for an organization like Goldman Sachs, I suppose.
I'm sure there's an already popular font that has these attributes.
This culture drove me up the wall when I worked there. "How does this make money?" was sure to get dirty looks from these types of people.
You could say the same about any aspect of design - logos, outfits, UI styles, color palettes, you name it. These things can bring subtle character and recognition to a brand, and it’s not really a smart thing to be skimping on.