Alaska Supreme Court ruled that a biz partner cost app developers first-mover market advantage

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Craig Tuten has this piece at Alaska Commons: “Alaska Supreme Court Decides Case in What Could be Called a Facebook-Style Swindle”

In a case eerily reminiscent of the creation of Facebook, the Alaska Supreme Court ruled Friday that a business partner cost prospective app developers first-mover advantage in the market, but added the developers failed to justify the damages awarded them.

In The Social Network, a dramatization of the genesis of Facebook, Tyler and Cameron Winklevoss approach fellow Harvard University student Mark Zuckerberg about building a social networking website. Zuckerberg allegedly strings them along for months until — spoiler alert — the Winklevoss twins discover The Facebook, a product from which they did not benefit, is up and running.

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