Fraternity Brothers Fight Over Ownership of Fast-Growing Mobile App

Lawsuit says Yik Yak founders owe their friend a share

A story of "betrayal" and "greed"—it's a story as old as apps themselves. And now a fraternity brother is claiming he was robbed of his stake in Yik Yak, a fast-growing app where college kids post anonymously. Now, Douglas Joseph Warstler is suing his former fraternity brothers for a third of the company, which is about to raise $75 million, according to the lawsuit.

Startup backstabbing—and alleged backstabbing—is a time-honored tech tradition. And true to the increasingly common narrative, Warstler claims his old buddies from Kappa Alpha, Tyler Droll and Brooks Buffington, wrote him out of their startup success story, which began at Furman University in South Carolina more than two years ago.

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