Guy comes into the company and uses illegal, fraudulent methods to take it over. He then demoted the co-owners (and founders) to mere “employees” so they could be fired. The plan was to then sell the company to a big publisher and walk away with all the money.
There’s a bunch of articles and videos that go over how it happened. It’s not too different from what happened to Interplay back in the day. Here’s one overview: https://www.youtube.com/watch?v=k7Xu4GvpN9U
Classic gaming industry IP theft. Investors underhandedly forced the founders/developers out of their own company and stole the IP.
How do you “steal” an IP?
Bought the company/ip then didn’t keep original owners on
Guy comes into the company and uses illegal, fraudulent methods to take it over. He then demoted the co-owners (and founders) to mere “employees” so they could be fired. The plan was to then sell the company to a big publisher and walk away with all the money.
Ok… But I still not quite get how you take the company over with il·legal, fraudulent methods.
There’s a bunch of articles and videos that go over how it happened. It’s not too different from what happened to Interplay back in the day. Here’s one overview: https://www.youtube.com/watch?v=k7Xu4GvpN9U