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Parents Forced Frat Boys to Screw a Partner Out of a Popular Startup

Kevin Montgomery · 11/18/14 05:20PM

Yik Yak may not be a household name like Snapchat, but it's almost as popular. The anonymous college bulletin board app was founded by three frat brothers at Furman University last fall and has already pulled in around $85 million in venture capital. Like other apps born out of frats, two of the founders allegedly screwed the third out of the company—only this time it was under parental supervision.