Fatdoor Founder Sues Benchmark Capital, Saying It Stole His Idea
allthingsd.com
allthingsd.com
with against?
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..."agreed at least informally to advice Fatdoor."
advise?
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Besides the poor grammar, this case will be difficult to win without some strong evidence. I'm not sure he'll have access to the discussions between Benchmark and the current company called NextDoor.
the crazy thing now is that he may get to discovery where he can put Benchmark through a process where they have to hand over emails, etc.
From a scan of the filing, it seems he is really grasping at straws, but that doesn't mean that he will not cause hell to Benchmark and those named in the interim.
I've always thought they did it to get the subject up front and entice a reader to read the rest of the paragraph.
To me anyway it was an obvious thing to try, though I haven't tried it out to see if they "stole" all of my ideas, or only the basic "connect with your neighbors" part. :)
"Perhaps you did not read the facts, this is no ordinary case. The name 'nextdoor' is in the first Fatdoor patent application, which was private at the time of disclosure! Benchmark agreed in writing to confidentiality, not once, but twice. Clearly, something fishy going on here.
U.S. Patent Application number 2007/0218900 A1 titled “MAP BASED NEIGHBORHOOD SEARCH AND COMMUNITY CONTRIBUTION” (See Exhibit 4) on which the name “Nextdoor.com” is clearly associated as the domain name intended to be used by Fatdoor, Inc. (page 21, col. 1, paragraph [0236])"
mattmaroon 1305 days ago | link | parent
I have to agree there. Fatdoor raised themselves enough to be able to try something else when Idea A looked to be a dud. And exit strategies don't even come into play yet. Also, their new idea seems to be a logical extension of (and possibly an improvement on) the old one. If Idea B works they will be fine. If not, they'll be no less or no more bankrupt than if they raised less money earlier. If some omniscient person told me my idea was going to turn out a dud, I'd want more money rather than less.