This is an really interesting situation. What I'm really curious about is how/where IP of Tipjoy would eventually end up? Ivan doesn't own those IP, TipJoy does.
Assuming Facebook had initiated the acquisition, I can only imagine they're after
1) The technology/IP behind Tipjoy
2) The talents
I find it hard to believe that Facebook would fork out $5M just for the "talent", so I think that was more of a technology buy for Facebook.
So if that's the case, Ivan would be threading into an unfavorable situation since their investors technically own parts of TipJoy and would want to protect TipJoy's technologu and IP. I do think there's a potential that those investors could file claims against Facebook and Ivan if he does end up working on Facebook's payment system.
Again, I'm not pointing out anything against Ivan but I do want to know as entrepreneurs, if we do get into such a situation, what sort of risks/factors could arise from this?
Assuming Facebook had initiated the acquisition, I can only imagine they're after 1) The technology/IP behind Tipjoy 2) The talents
I find it hard to believe that Facebook would fork out $5M just for the "talent", so I think that was more of a technology buy for Facebook.
So if that's the case, Ivan would be threading into an unfavorable situation since their investors technically own parts of TipJoy and would want to protect TipJoy's technologu and IP. I do think there's a potential that those investors could file claims against Facebook and Ivan if he does end up working on Facebook's payment system.
Again, I'm not pointing out anything against Ivan but I do want to know as entrepreneurs, if we do get into such a situation, what sort of risks/factors could arise from this?