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Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessSterling Bank In TVIO Solutions 'Intellectual Theft' Scandal (17022 Views)

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Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by sylve11: 3:02pm On Aug 14, 2021
N100,000,000 just too small. angryThey steal your ideas and shatters your dreams. cool
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by sylve11: 3:06pm On Aug 14, 2021
inoki247:
Just say u wan to take over dere bank...


How much be sterling bank if we sell am sell dere staffs and their customers sef....
Lol grin cool
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by sylve11: 3:08pm On Aug 14, 2021
musicwriter:
My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message.

I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it.
Very terrible. cool
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 3:11pm On Aug 14, 2021
otomatic:
How do you know there was no binding agreement?
If they had one, they would have settled outside court.

Or demanded for a higher fee cos they have legal collateral
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by defcon4: 3:12pm On Aug 14, 2021
1 billion is the amount they should sue for.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by dettolgel: 3:18pm On Aug 14, 2021
saferoom:
I once submitted a Proposal to a state Government. And months later I saw them implementing my business idea. But unknown to them, I only gave them 10% of the idea. The essential details that will make the project work I didnt give them. I wasnt surprised when the entire venture was a colossal waste of funds and time. It was abandoned.
Pls dont give them the essential trade secrets.
And we still want to progress as a nation when we can't build or encourage talent.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by paranorman(m): 3:47pm On Aug 14, 2021
musicwriter:
My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message.

I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it.
Same problem I am facing. This time, I told myself I am gonna learn all skills neccesary to bring my great ideas into fruition.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by paranorman(m): 3:49pm On Aug 14, 2021
Magma101:
N100M is too small na
.. But just right. It's an amount they can pay, 3 times shiuo the banks management feign technical difficulty due to financial constraints.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by TheGift: 3:59pm On Aug 14, 2021
They should get a very good Lawyer, who is passionate about the case and the cause.
Abiodunspectre:
TVIO Solutions files N100m suit against Sterling Bank over ‘intellectual theft’



Source: https://www.thecable.ng/tvio-solutions-files-n100m-suit-against-sterling-bank
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by indoorlove(m): 4:19pm On Aug 14, 2021
This is not only limited to Nigeria companies. In 2019, an Estate developing company in Dubai stole my idea. After series of Zoom meeting, calls and proposal. They just went silent. They later came to Nigeria to implement everything I told them without involving me. Its terrible, I really hope TVIO wins but the chances are slim.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by zigzagluv: 4:26pm On Aug 14, 2021
DONT SHARE YOUR IDEA YET, how much will it cost for a startup ? If we are work together but not now by middle of next year , I will be able to good resources to assist you in the business ...f
musicwriter:
My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message.

I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by EngrXrix(m): 4:29pm On Aug 14, 2021
Abiodunspectre:
TVIO Solutions files N100m suit against Sterling Bank over ‘intellectual theft’



Source: https://www.thecable.ng/tvio-solutions-files-n100m-suit-against-sterling-bank
So many Nigerians with creative minds have been robbed this way for years. That's why they think Nigerians are not innovative. An individual or group of individuals will come up with a brilliant idea, pitch it to bigger companies who they believe can help them only for it to be stolen by thesame people. Im a victim of this so I know how it feels. If Sterling Bank is liable then they should pay.
It's sad what these people do...
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by AyoEniafe(m): 4:39pm On Aug 14, 2021
Olabestonic001:
Hustler Fintech.
Every big fintech started somewhere. You wey dey insult them, you get any company?
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by AyoEniafe(m): 4:42pm On Aug 14, 2021
WUdec:
If they had a non-disclosure agreement and non-compete clause included, they would have had a chance to win in court.

There was no binding agreement. And Nigerians hardly ever work with one before they sign huge contracts.

So its a tough one to win, especially going against a bank.

Sterling makes a chunk of money from tech businesses especially fintech. So their connections in the central bank stretch far and wide. And one phone call can destroy any fintech company (eg. revoking your license for no reason after awhile), especially if they are not backed by a head honcho.

I pray TVIO wins though
Oh wow, thank you for this enlightenment menhh.
Are you a programmer or a lawyer?
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by josite: 4:42pm On Aug 14, 2021
These happens all the time.whyy not protect yourself before exposing your ideas.theft of what you can't prove you own in the first place.
Sterling bank has always been a very poor bank ,you need to fight to get what is yours with that silly Bank
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by NamelessOGBENI(m): 5:11pm On Aug 14, 2021
AlmaIganishire:
This is embarrassing on the part of Sterling bank. This is why it's difficult to share your ideas and thoughts with brands in Nigeria.

They will steal it in broad daylight
True..
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Fortez: 5:18pm On Aug 14, 2021
Lol
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Samabu07(m): 5:42pm On Aug 14, 2021
musicwriter:
My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message.

I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it.
Keep the idea inside your belly lest this wicked generation sniff the idea and bank you out.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by musicwriter(m):
Samabu07:
Keep the idea inside your belly lest this wicked generation sniff the idea and bank you out.
I've already written everything down and I believe it could come to fruition in future. However, Google keeps coming closer to it but something haven't just crossed their mind.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by justmondris: 6:59pm On Aug 14, 2021
inoki247:
Just say u wan to take over dere bank...


How much be sterling bank if we sell am sell dere staffs and their customers sef....
Oga that is not their business. Don’t you know that idea may generate over a billion naira/ monthly?
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by sharrp: 7:04pm On Aug 14, 2021
This your claim is outrageous , very outrageous. What product did they improve . You have no idea that can bury google or whatsaap. Go and sit down
musicwriter:
My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message.

I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by mufadem2012: 7:36pm On Aug 14, 2021
I reserve my comments till I hear from Sterling bank.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Ltherman(m): 8:02pm On Aug 14, 2021
Really worrisome the spate of intellectual theft happening in the corporate world this days. Thank God i wasn't given a chance to pitch a reality TV series i created back then to the big telecos, i would have been in this same shoes.
I still got to keep the idea and I'm working towards executing in the years ahead.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 8:23pm On Aug 14, 2021
AyoEniafe:
Oh wow, thank you for this enlightenment menhh.
Are you a programmer or a lawyer?
I'm in tech
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by octavian(m): 8:40pm On Aug 14, 2021
Kelvin30286063:
Hmm. That's why as a computer programmer, I get worried sometimes when an employer or an investor ask for my business ideas. Our business is just to vulnerable to this kind of theft!
Always a Non Disclosure Agreement before you share you proposal... Anyone not interested in signing the NDA should get off
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m): 9:01pm On Aug 14, 2021
darocha1:
Usual case of big organisations in Nigeria.



The painful part is how they suddenly begin to ignore your mail & calls
Kindly don't hear one sided story to make your conclusion please . This is another strategy for fintech tvio solutions to reap where nothing was sold
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m): 9:05pm On Aug 14, 2021
AlmaIganishire:
This is embarrassing on the part of Sterling bank. This is why it's difficult to share your ideas and thoughts with brands in Nigeria.

They will steal it in broad daylight
Integrity is our DNA as far as sterling bank is concern
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m):
AlmaIganishire:
TVIO should really take this court case very seriously and make sure Sterling bank pays that 100,000,000 for intellectual thef...
Really , am very sure you must be joking , nothing will be given to them. They just want to waste their court sterling bank has not violated any rule or breach any agreement
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m): 9:43pm On Aug 14, 2021
Realboygenius:
I don't understand why most corporate body involve themselves in this kind of scandal. Sterling bank should pay up the money.
At sterling bank we don't do such
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m): 9:57pm On Aug 14, 2021
dettolgel:
I am sure one Oga at the top went behind open his own company and now sold the TVIO proposal ( since he has all the info) to the bank. Given that the Oga at the top works at the bank, he will facilitate both the payment to his company and implementation by Sterling Bank.

TVIO should also involve CBN to look into the practices of sterling Bank and dealings of the management.

Kindly dont misinform the world with your false allegations which you can't substantiate please.

TVIO should contact EFCC as well to investigate all the directors and senior management of sterling Bank.
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Herkim(m): 9:59pm On Aug 14, 2021
SimplyFacts:
It is indeed an intellectual theft. Let's hope they would be able to defend themselves.
Kindly don't jumb into conclusion please
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