WSJ: Amazon met with startups about investing – then launched competing products
Over 20 entrepreneurs interviewed by the Wall Street Journal accuse Amazon of making use of investments to steal competitors ’products.
Entrepreneurs often meet with representatives of giant companies, in a search for investment in their product, collaborate with them and sometime even purchase them.
Naturally, quite a few confidential data are revealed in these meetings, with a mutual understanding that the established company will not make any other use of them. A new investigation raises some questions about Amazon’s conduct and the contacts it has had with small