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>Nuvia, the company of which he's the CEO, has attracted $53 million in venture funding. Do VCs do any due diligence anymore? Or do they simply not care, deal
by aguyfromnb 7y ago
>Nuvia, the company of which he's the CEO, has attracted $53 million in venture funding.
Do VCs do any due diligence anymore? Or do they simply not care, deal with it later?
"Silicon Valley" is going to be the next generation's "Wall Street".
- nraynaud 7y agohow exactly do you ask Apple on what people were working on before leaving?
- geofft 7y agoIt's possible that they did due diligence and determined that Nuvia would likely prevail in court, no?
- Traster 7y agoThat seems incredibly unlikely, since the cost of litigation for a small company against a company like Apple is huge. It's going to distract engineers, it's going to damage the company's reputation, it's going to slow progress as they try to meticulously explain where their IP came from and it's going to cost millions in legal fees most likely if it actually gets to court. And all that's before we even consider whether they're likely win - which they're not, because Apple has much more resources at their disposal.
- zopppo 7y agoThe VC likely has information regarding this matter that we do not.
- deleted 7y ago[deleted]