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Nick discusses the importance of open source software licenses and how they define the rights you have over the code. He explains that while most licenses allow you to have any rights you want, some are more permissive and some are more restrictive. Nick goes on to highlight the most commonly used licenses for free and open source software and the rights they grant you. He also mentions a sponsor, Linode, who is offering $100 to get your own Linux or gaming server. Deploying a server with Linode is easy thanks to their app marketplace and configuration options.