I have mentioned the legal case between USV portfolio company Kik and the SEC several times here on AVC, most recently here.
Last night Kik filed a 130 page Answer to the SEC and made this press release.
The story was picked up by Coindesk and other news outlets.
I am not going to get into the details of this matter here on AVC, but this is not an open and shut case by any means.
Entrepreneur
via https://www.AiUpNow.com
Fred Wilson, Khareem Sudlow
