The dispute over trade secrets between Waymo and Uber highlights the importance of doing extensive due diligence during the acquisition process, writes Aarian Marshall. Before acquiring a company for its intellectual property, ask about how its technology was developed, and look for potential problems in the work history of its employees, Marshall writes.
Thinx founder Miki Agrawal has responded to complaints of poor working conditions at her company, which makes underwear for menstruation. Agrawal, who recently stepped down as CEO, admitted to making "a TON of mistakes" but argued that she was focused on the survival of her company in its early days.
Bloomberg reviews unredacted documents filed recently in Delaware Chancery Court in which investor Marc Abramowitz accuses Peter Thiel's Palantir Technologies of improprieties. Palantir sued Abramowitz last year, saying he tried to claim patent rights on intellectual property the company had developed.
Scott Belsky saved money from his Goldman Sachs job to bootstrap a platform for creative professionals known as Behance that was eventually acquired by Adobe for a reported $150 million. Managing "the messy middle" of building a startup -- the time between launch and acquisition -- is a matter of endurance and optimization, he says.
Firebase, an app-development platform, grew out of Envolve, a company that offered real-time chat tools for websites. After recognizing a new market opportunity, the team was able to launch Firebase in only seven months by focusing on core issues that were critical to developers.
The tech industry can be an intimidating environment, but finding the right mentors can help you find your way, writes Romain Dillet. "The good thing is that literally anybody can be an inspiring, knowledgeable person -- yes, even you," Dillet writes.
Lily, which filed for bankruptcy last month, is asking customers who pre-ordered its drone to fill out a form to get a refund. The company, which generated more than $34 million in pre-sales, has not identified a time line for repayment.