How Foursquare bought my domain to steal my idea(medium.com)

7 years ago from Manik Rathee, Eng Manager @ Google

  • Evan DinsmoreEvan Dinsmore, 7 years ago

    Nothing stolen. They paid him fair and square for the domain. If he had confidence in his idea, he would have kept that. Good names, and especially good names with a reasonable domain name are hard to come by. Plus, they didn't sign an NDA, and you can't patent an idea, so if he disclosed anything it was his own fault.

    0 points
    • Josh ClementJosh Clement, 7 years ago

      I think the best outcome for this dude would be to squeeze a little more money for the domains, that's about it.

      1 point
    • Joseph BarrientosJoseph Barrientos, 7 years ago

      unless he was "tricked" and they bought the domain for cheap then go and make millions he MIGHT have a case

      0 points
      • Bart Claeys, 7 years ago

        If you sell something for what you think it's worth, than you don't have any reason to complain when your buyer values it much more than what you sold it for. You got what you want for it, which should make you happy. Foursquare did not "trick" anyone in this case. And it's not the domain name that makes Foursquare millions, that's only a little part of their overall business. The real value of a domain name is about $15. All higher values are subjective. The value of the Mona Liza painting is the cost of its paint and canvas to some, but millions to someone else. There is no right or wrong here.

        1 point