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Snapchat Sued Over Electronic Messaging Patents

socalTECH

the parent company of Snapchat , has been sued in a patent infringement suit, by a company called Vaporstream. Snap Inc), and cites a number of patents which were granted to Vaporstream in July of 2005 for Vaporstream's secure messaging products. Venice, California-based Snap, Inc. , READ MORE>>.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. acquired Overture for $1.63 billion.

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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

Some of the most well-known include Uber, Airbnb, Snapchat, Xiaomi, and Pinterest. If your new venture is still in the idea or development stages, don’t even think about a high valuation. Patents and other intellectual property are a necessary initial “barrier to entry,” but these are just the beginning.

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