Shedding Light on Lawsuits Against Tech Entrepreneurs
Nova Spivack recently wrote an article describing a lawsuit waged against him by a shareholder in his former company, Radar Networks, the company behind Twine. Such lawsuits are commonplace amongst entrepreneurs, and Spivack offers advice to others in the same predicament. Spivack writes, “In a nutshell, this one shareholder, out of many that we had, has filed a lawsuit against many of the other shareholders, directors and our acquirer, to try to forcefully regain part of their investment. This kind of lawsuit is unfortunately not that uncommon when companies are sold, or shut down; It’s just not talked about that much.” Read more

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