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title: Filing: College app Fizz accuses VC of sharing...
description: Fizz, a college-focused anonymous social app, has expanded its lawsuit against rival Sidechat by alleging that Jerry Lu, a venture capitalist at Maveron,...
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og:description: Fizz, a college-focused anonymous social app, has expanded its lawsuit against rival Sidechat by alleging that Jerry Lu, a venture capitalist at Maveron,...
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# Filing: College app Fizz accuses VC of sharing confidential startup information with rival Sidechat

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

Fizz, a college-focused anonymous social app, has expanded its lawsuit against rival Sidechat by alleging that Jerry Lu, a venture capitalist at Maveron, attended a fundraising meeting with Fizz under the pretense of exploring investment, then shared confidential business information — including growth plans, user metrics, and product roadmap — with Sidechat. The filing, based on evidence uncovered during legal discovery, claims Lu continued funneling information about Fizz's fundraising efforts to Sidechat and later invested in Sidechat's seed round. The case raises broader concerns about VC confidentiality norms, as founders routinely share sensitive data during fundraising. Sidechat's current CEO denied wrongdoing, noting the alleged events predate the current team's acquisition of the business.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/07/10/filing-college-app-fizz-accuses-vc-of-sharing-confidential-startup-information-with-rival-sidechat>

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Tags: [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#social-media](https://daily.dev/tags/social-media)

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