The for-profit website, which allows creative types and entrepreneurs to tout their projects and ask for contributions from the public, seems to be on the verge of winning its well-publicized declaratory judgment suit against ArtistShare, the crowd-funding website that claims its patent covers Kickstarter's social financing business model.
February 21, 2013 at 12:00 AM
1 minute read
Kickstarter.com seems to be on the verge of winning its well-publicized declaratory judgment suit against ArtistShare, the crowd-funding website that claims its patent covers Kickstarter’s social financing business model.
Kickstarter’s lawyers at Steptoe & Johnson filed suit against ArtistShare and its patent-holding unit Fan Funded LLC back in October 2011, seeking a ruling that their client doesn’t infringe Fan Funding’s crowd-funding IP.
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