www.theverge.com - 1 year ago

Trade secret trolls could be the new patent trolls

Uber has a Winklevoss situation on its hands. In May, a taxi-hailing service called Celluride took Uber to court, alleging Travis Kalanick had stolen the idea for the company. Celluride had pitched itself to dozens of venture capital firms, and partners from Founders Collective, First Round Capital, and Benchmark Capital are named alongside Uber founder Travis Kalanick in the suit. "The plaintiff is informed and believes," the complaint alleges, "that Defendants conspired to convert, and did convert, through deception, Halpern's work and intellectual property."

As you might expect, the case is shaky, with serious questions about the statute of limitations and whether Kalanick or the funders actually agreed to keep the information...

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