So 3 employees of a company (with "Ad" in the name) decided to leave and found a startup (also with "Ad" in the name). The (failing by all accounts) company they left got butt hurt over this and decided to bully them by using their larger size to sue them out of existence.
Their plan was to win by exhausting the funds of the smaller company, not to win on the merits of the case (which was obviously dead in the water in California). But the smaller company was able to prevail because its investor was larger than the company suing them and decided to in turn bully them into dropping the lawsuit. Both startups, to nobody's surprise, ended up failing and the founders of both companies, also to no one's surprise, felt bitter about the whole episode.
Sounds to me like the good guys won here (to the extent that a company with "Ad" in the name can be considered a good guy). Not really sure what I'm supposed to take away from this. Just a typical ego driven business spat where the only winners are the lawyers.
Hopefully they never used this power to ruin people's businesses with a phone call for anything less noble than * checks notes * protecting their investment in a rival business.
Their plan was to win by exhausting the funds of the smaller company, not to win on the merits of the case (which was obviously dead in the water in California). But the smaller company was able to prevail because its investor was larger than the company suing them and decided to in turn bully them into dropping the lawsuit. Both startups, to nobody's surprise, ended up failing and the founders of both companies, also to no one's surprise, felt bitter about the whole episode.
Sounds to me like the good guys won here (to the extent that a company with "Ad" in the name can be considered a good guy). Not really sure what I'm supposed to take away from this. Just a typical ego driven business spat where the only winners are the lawyers.