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In this video tutorial, Nick discusses how not all open source software licenses are created equal, with some being more permissive and others more restrictive. He highlights the importance of understanding the rights granted by the license attached to the software. Nick provides an overview of the most commonly used licenses for free and open source software and explains the rights they grant users. The video is sponsored by Linode, who offers $100 to set up your own Linux or gaming server. Linode's app marketplace makes it easy to deploy a server with just a few clicks, suitable for both development and gaming environments.