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Lawsuit Alleges Pinterest Investor Stole Idea

December 31, 2012

By Gilbert Falso :: 4:49 PM

Pinterest founder suedPinterest, the social networking site with the virtual pinboard interface, was the subject of a lawsuit filed last week by Theodore F. Schroeder that claims early Pinterest investor Brian Cohen stole the idea for the sharing service.

The lawsuit claims Schroeder came up with the ideas “that led to the popular, ever-growing Pinterest website.” It goes on to outline the development of a site called Redezvoo, and a spinoff site, Skoopwire, that operate on very similar premises. Those two sites were developed by Schroeder and two classmates from Columbia Law School.

“The lawsuit against Pinterest is baseless and we will fight it aggressively,” read a statement released by Pinterest.

Rendezvoo was a site where people could share ideas and concepts, and included two pin-type concepts that later wound up incorporated into Pinterest as boards for sharing content. Another issue was the infinite scrolling feature of Pinterest, where users are not forced to switch from page to page by clicking links to load additional content.

Read the full text of the lawsuit here: