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August 1, 2013 02:22 am GMT
Snapchat co-founders Evan Spiegel and Bobby Murphy have said in new court documents that alleged co-founder Reggie Brown never had equity in the company.In February, Brown filed a suit against Snapchat claiming that he has been robbed of his stake of the company. Spiegel has admitted that Brown came up with the idea for a disappearing messages app. But Brown may not have had equity in Snapchat.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JcClf7LoLf0/
Evan Spiegel And Bobby Murphy Say Alleged Snapchat Co-Founder Never Had Equity
Snapchat co-founders Evan Spiegel and Bobby Murphy have said in new court documents that alleged co-founder Reggie Brown never had equity in the company.In February, Brown filed a suit against Snapchat claiming that he has been robbed of his stake of the company. Spiegel has admitted that Brown came up with the idea for a disappearing messages app. But Brown may not have had equity in Snapchat.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JcClf7LoLf0/
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