Re:When Your Former Boss Sues You for Starting a Startup
by x0x0 on Tuesday September 22, 2015 @07:21PM
(#10262398)
Or a bareknuckled way to take 10% of a company, or even just a signal to intimidate current employees.
I worked for a small ($30-$50m annual revenue) company sued by a giant ($47B annual revenue) company. The goal, which worked, was to drain my employer's bank accounts on $5+m of legal expenses per year to keep a superior but less expensive product out of market.
I worked for a small ($30-$50m annual revenue) company sued by a giant ($47B annual revenue) company. The goal, which worked, was to drain my employer's bank accounts on $5+m of legal expenses per year to keep a superior but less expensive product out of market.