Kanye West Sued by Company for Allegedly Stealing Its Tech, Bailing on $10 Mil Investment
Kanye west took advantage of a tech company to advance its Yeezy brand and launch its popular Sunday Service, then left them dry … according to a new suit.
MyChannel, Inc. claims it is a black-owned company specializing in video technology and e-commerce. The company claims it partnered with Kanye in the spring of 2018 to help Ye maximize revenue from his Yeezy merchandise.
MYC – replaced by lawyers Ben Meiselas and Michael popok – alleges Kanye made the company work around the clock for him for 6 months based on a series of business pledges – including a future investment of $ 10 MILLION – and estimates that she invested 10,000 man-hours and invested $ 7 million. in the Yeezy project.
Depending on the costume … MYC even moved their headquarters – once to Calabasas and once to Chicago – all to please Kanye and make the partnership work.
However, after the 6 months MYC claims it became clear that Kanye had no intention of keeping his promises and cut ties … but not until he allegedly used his technology for his service. recently launched Sunday.
The company alleges Kanye’s partnership promises were just an effort to fuel his Yeezy brand and steal confidential tech to make millions on Sunday service … so now they’re suing him for it.
We are told that MyChannel is asking for more than $ 20 million in damages.
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