Rapt co-founders sue Accel & Levensohn for playing hardball
Two co-founders of Rapt have sued the company’s chief executive and venture capital backers, Accel Partners and Levensohn Venture Partners for breach of fiduciary duty and fraud.
Rapt is a San Francisco company that provides software to help companies find the right price for their goods to maximize profits.
It is another one of those stories we are getting familiar with in the valley — where start-up founders get washed out of their ownership holdings, while venture… Continue Reading