This is not a last nuclear option, and we're not in danger of losing our company to the lawsuit. Everything in the post is 100% true.
We did get a lawyer involved when we started Shred Video, and are 100% sure our IP is clean and usable.
It will take probably two years for the case to get fully adjudicated, and the legal recourse for preventing frivolous lawsuits like this is insufficient. Starting a startup is plenty hard enough without this kind of distraction, it's in all of our interest to dissuade larger companies from harassing startups in this way.
We did get a lawyer involved when we started Shred Video, and are 100% sure our IP is clean and usable.
It will take probably two years for the case to get fully adjudicated, and the legal recourse for preventing frivolous lawsuits like this is insufficient. Starting a startup is plenty hard enough without this kind of distraction, it's in all of our interest to dissuade larger companies from harassing startups in this way.