The latest legal battle in social media could be a pretty sharp one. The popular photo-sharing network Pinterest is being sued by a man claiming that a potential investor stole his ideas. Theodore Schroeder of Ocean City, NJ cites that he met with several people while attempting to expand on his idea of a “board”-related social media site, called RendezVoo. One of these venture capitalists was Brian Cohen, who eventually went on to make a deal with Pinterest which included, Schroeder claims, his own intellectual property. Mr. Schroeder is seeking monetary compensation upwards of $75,000, stating that it took time, money, and other resources for him to continue his attempts to build RendezVoo. Pinterest has countered saying the lawsuit, filed right around the holidays, is “baseless”. Read more
Pinterest Stuck With New Lawsuit
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