this post was submitted on 06 Mar 2025
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Not everyone is literate in contract law, so most people won't notice these kinds of hidden clauses that allow this. In this case it was a combination of signing over the IP to the developing company which they coowned. because that's pretty standard procedure. Together with the investors managing to get a majority share of the company and forcing the original devs out by vote.
Just one of the reasons why smart people just license out their IPs. This way no one can take it from you. But again, you have to know quite a bit about contract law to know how this works.
So what yoy are saying is, if they had gotten a lawyer and done some research they could have avoided this issue. Now compare this level of injustice to the genocide that has been happening in the middle east, of these two, which deserves my emotional energy?