3 ms·
remember YC's bluster about the Cruise co-founder lawsuit, right before they had to settle for dozens/hundreds of millions? Is this a guess? http://www.busine
by sillysaurus3 10y ago
remember YC's bluster about the Cruise co-founder lawsuit, right before they had to settle for dozens/hundreds of millions?
Is this a guess?
http://www.businessinsider.com/car-startup-cruise-settles-legal-case-involving-cofounder-2016-5 http://www.businessinsider.com/car-startup-cruise-settles-le...
A representative for Guillory declined to discuss the settlement amount, but said the terms were "mutually agreeable." As part of the settlement, the parties have both agreed to dismiss their lawsuits.
- gwern 10y agoIt is an informed guess based on the fact that the settlement involved acknowledging, as the original YC paperwork said, he was a cofounder who owned 50% of a $1b exit. I haven't seen anyone in a hurry to leak claims that the settlement was for a trivial amount, nor did anyone at the time offer any good reasons for thinking that.