5 ms·

Good lord, what a waste of your time and money and emotional energy when you could be working on your startup. How much time and energy have you put into this

Good lord, what a waste of your time and money and emotional energy when you could be working on your startup. How much time and energy have you put into this already? That's a sunk cost - it's gone, not matter what you do, but I wouldn't do a minute more. Tell the lawyers you've decided not to bother and get back to work. I'm sure you have a solid case, and that every fiber of your being is crying out for justice. You might even win. But even if you do, what you're going to get out of this lawsuit is almost certainly going to be less than the opportunity cost of pursuing it.

throwaway1028 15y ago
Our startup was dependent upon their data feeds and they're the sole provider. There's nothing to get back to work to. This startup has been my baby for 9 months and has been a roller coaster... blood, sweat, and tears. We're two weeks away from launching and we get stonewalled. It's either give up completely or fight.
- ianpurton 15y ago
  What kind of data ?
  - throwaway1028 15y ago
    Pricing
    - teyc 15y ago
      You can always turn this into little guy vs Goliath in the media, get free PR and crowdsource the data.
- JoachimSchipper 15y ago
  If they are willing to fight to the end, couldn't it take years (assuming you don't run out of money halfway/lose)? Would winning still help you any in that case?
- coffee 15y ago
  Sorry to hear this, must be very hard after 9 months of hard work. If they are the sole providers of this data, a great business may be to compete head-to-head if you can start becoming a provider of this data. That may be good use of your time (not that the legal action isn't).
- JoeCortopassi 15y ago
  Not to be too much of a downer, but your entire company revolves around the licensing decisions of a single 3rd party provider? Not sure what you are trying to accomplish by a lawsuit, but your business is over, and here is why: Option A) You give up on the lawsuit and get bullied out of the market by the sole provider. Option B) You win the lawsuit, but piss off the sole provider in the process. It's not going to be long before they make things tough on you in other ways. Bottom line is, you put all your eggs in one basket, and someone took your basket. The lesson to be learned here isn't how to get your basket back, it's to not put your self in that situation again
ianpurton 15y ago
"Tell the lawyers you've decided not to bother and get back to work." Probably the best legal advice you're going to get.

throwaway1028 15y ago

Our startup was dependent upon their data feeds and they're the sole provider. There's nothing to get back to work to. This startup has been my baby for 9 months and has been a roller coaster... blood, sweat, and tears. We're two weeks away from launching and we get stonewalled. It's either give up completely or fight.

ianpurton 15y ago
What kind of data ?
- throwaway1028 15y ago
  Pricing
  - teyc 15y ago
    You can always turn this into little guy vs Goliath in the media, get free PR and crowdsource the data.
JoachimSchipper 15y ago
If they are willing to fight to the end, couldn't it take years (assuming you don't run out of money halfway/lose)? Would winning still help you any in that case?
coffee 15y ago
Sorry to hear this, must be very hard after 9 months of hard work. If they are the sole providers of this data, a great business may be to compete head-to-head if you can start becoming a provider of this data. That may be good use of your time (not that the legal action isn't).
JoeCortopassi 15y ago
Not to be too much of a downer, but your entire company revolves around the licensing decisions of a single 3rd party provider? Not sure what you are trying to accomplish by a lawsuit, but your business is over, and here is why: Option A) You give up on the lawsuit and get bullied out of the market by the sole provider. Option B) You win the lawsuit, but piss off the sole provider in the process. It's not going to be long before they make things tough on you in other ways. Bottom line is, you put all your eggs in one basket, and someone took your basket. The lesson to be learned here isn't how to get your basket back, it's to not put your self in that situation again

ianpurton 15y ago

"Tell the lawyers you've decided not to bother and get back to work." Probably the best legal advice you're going to get.