Fizz Accuses VC of Spying for Rival | Tech News

Fizz drops explosive new claims in its legal battle with Sidechat, accusing investor Jerry Lu of Maveron of secretly stealing confidential business details and passing them to Sidechat — a betrayal allegedly orchestrated with help from a third party. The accusations, uncovered during legal discovery, reveal Lu was in talks with Sidechat as early as 2022, before officially investing in 2023. Sidechat’s CEO Kyle Venn dismisses the allegations as unproven, noting the events predate his team’s takeover in 2025. With Lu and Fizz declining to comment, the case spirals deeper into legal chaos — exposing how ruthless the college social app wars have become. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9070922ea5dd7987